BGFIBank Cameroon and AFG Bank Cameroon captured 31.2% of new loans distributed by the country’s banks in the second quarter of 2026, according to an October report by the Bank of Central African States.
BGFIBank ranked first with a 15.86% market share, followed by AFG Bank, still listed under its former name Banque Atlantique du Cameroun in the report, with 15.35%. A year earlier, their shares stood at 8.6% and 10.4% respectively, according to Sika Finance.
The BEAC nevertheless described the market as fragmented, with no single bank able to influence prices or overall credit conditions. Commercial Bank of Cameroon followed with 11.01%, ahead of SCB Cameroon at 10.67% and CCA-Bank at 10.03%.
Total new lending reached CFAF 1,824.2 billion, down 3.33% year on year but up 36.42% from the first quarter.
Companies received 91.76% of that amount. Large businesses took CFAF 1,298.4 billion, while small and medium-sized enterprises received CFAF 375.5 billion, an increase of 19.94% from a year earlier.
Loans with maturities of less than two years accounted for 78.35% of new credit. The average effective rate charged by Cameroonian banks reached 8.13%, compared with 7.69% a year earlier.