CCA Bank schools corporate clients on int’l financial services.

This was during a coffee talk held Thursday, June 12, at the head office Bonanjo in Douala I Subdivision.

The gathering which saw the presence of over 50 participants was rich in exchange as the CCA's Director of Corporate Banking and Investments, Mohaman Awal Samailah, and his collaborators took the audience through the different products which can be of profitability to their trade in the international market.

Awal Samailah said the meeting was to see how they at CCA, can provide a good support to their customers taking into consideration, all the changes that are being adopted by the bank, with regards to new exchange registrations.

"We want to make sure we are going in line with that regulation as we are also in line with accompanying our customers in their line of business" he said.

Awal Samailah added that: "The principal innovation is for us to be able to solve issues raised by our customers, we decided to create a trade desk that will take charge all the aspects concerning trade finance".

Experts say large companies navigating international trade face numerous hurdles, including regulatory complexities, currency fluctuations, and logistical challenges. 

Cultural differences, political instability, and the need to manage global supply chains also present significant obstacles. 

International trade, experts say, involves navigating a web of rules and regulations in various countries, including tariffs, taxes, customs procedures, and labor laws. Non-compliance can lead to fines and reputational damage. 

On the other hand, variations in exchange rates can significantly impact profitability and pricing strategies, especially for companies with international suppliers or customers.

To salvage the situation, the CCA corporation banking team lead, said, they have put in place various applications to help the customers get through with transactions without necessarily coming to the bank. 

The bank has set a quota of 74 billion FCFA as ambitious sum of corporate and investments banking to accompany the customers this year. 

That notwithstanding, Mohaman Awal noted that the amount is may be increased in case of eventualities. 

It should be noted that, CCA Bank transition towards digitalisation has introduced products such as visa cards, E-banking, through which customers can check their transactions without necessarily being physically present on site 

The offers, according to the Commercial Director at CCA Bank, Ariane Nkemla, is so that they do not just stay a bank for every day customer but help big names in business whenever they want to transfer money abroad to buy merchandise.

Attendees have expressed satisfaction with the interest their banking partner has shown to their sector of activity. 

This article was first published in The Guardian Post Edition No:3475 of Monday June 16, 2025