BGFIBank Cameroon has increased its share capital from 20 billion to 50 billion Central African CFA francs (XAF) following a board meeting held on Feb. 27, 2026, according to an official statement seen by Business in Cameroon. The bank said the move reflects the group’s confidence in Cameroon’s growth prospects and its intention to support the subsidiary’s expansion.
The capital increase comes as prudential rules tighten across Central Africa. The Central African Banking Commission (COBAC) has raised the minimum capital requirement for banks in the sub-region to 25 billion CFA francs, up from 10 billion previously.
Existing banks have a one-year transition period to comply with the new threshold. Institutions that fail to meet the requirement by Dec. 31, 2026, must submit a capital restoration plan to COBAC’s secretary general before June 30, 2026. The reform aims to strengthen the stability and resilience of the regional banking system.
With capital now at 50 billion CFA francs, BGFIBank Cameroon stands well above the regulatory minimum, strengthening its ability to absorb shocks and increasing its strategic flexibility in the market.
The bank said the decision follows solid financial results. Net income rose 18% in the last fiscal year, significantly exceeding internal targets. The board considers Cameroon a key growth market for the group. According to the statement, the subsidiary is expected to play a role in BGFIBank’s broader regional expansion strategy.
Amina Malloum
