CCA Bank avails customers with insights on growth, funding opportunities.

This was the focus of a series of exclusive meetings officials of the commercial bank held recently with its customers. 

The meetings, with grouped over 300 customers of the bank, held in the towns of Yaounde, Douala and Bafoussam. 

Zoom on objectives, key strengths

Officials of the bank said the meetings provided a platform to discuss the complexities and opportunities associated with diversifying business in a rapidly changing economic environment. 

The meeting, the bank officials added, was a platform for industry experts to share valuable insights on how to effectively overcome the challenges of diversifying business.

It was also an opportunity to equip customers who attended the gatherings with the knowledge to take advantage of these growth opportunities.

Unveils funding opportunities 

The meetings, CCA Bank officials further detailed, was used to inform participants about the various funding opportunities available through the institution’s partnerships with donors. 

The funds, CCA Bank officials added, are specifically intended to fund innovative and expansion activities and helping customers to achieve their business goals more effectively.

Commitment to customers

The exclusive meetings, it has been noted, underlines CCA Bank’s commitment to staying close to its customers and providing them with the best possible support and information. 

The initiative also aligns with the bank's goal to remain a leader in its field while continuously delivering exceptional services to its customers.

The success of the events, it has been noted, reflects CCA Bank's dedication to nurturing strong relationships with its customers and supporting their growth in a dynamic economic landscape.

CCA Bank committed to be industry leader 

The bank’s innovative and digitalisation services, it should be said, has produced positive results beyond expectations. It is thanks to the fruits of such customer-friendly services that the bank reported that in 2023, some 43,679 new customers opened accounts with the financial institution.

The General Manager of CCA Bank, Margaret Fonkwen Atanga, said the achievement is just a tip of the iceberg. 

She divulged that deposits or savings as at end of year in review stood at 518.5 billion FCFA; representing a hike of 26.03%, as compared to the 2022 business year.

She also disclosed that gross transactional revenues stood at 647.03 billion FCFA; representing a rise of 27.1%, compared to the 2022 financial year. 

Similarly, loans given to customers rose by 24.8%, to stand at 286.3 billion FCFA. The Bank´s net profits rose by 18% compared to the previous year; and stood at 14.1 billion FCFA.

The bank now boasts of not fewer than 63 cash points nationwide, where customers are easily served, thereby easing their business transactions. 

Going by management, the introduction of new digital tools helped to facilitate access to their services, irrespective of wherever clients found themselves in the country and in the outside world.

This story was first published in The Guardian Post issue No:3205 of Tuesday August 21, 2024