After contributing to clearing CDC workers’ arrears: CCA-Bank recommits to contribute to growth, boost social cohesion.

The financial institution, Crédit Communautaire d'Afrique, CCA Bank, has restated its commitment to contribute to powering Cameroon’s economic growth and sustaining social cohesion. 

The Bank gave the assurance owing to its contribution to the government’s initiative to clear salary arrears of workers of the Cameroon Development Corporation, CDC who had been affected by the conflict in the English-speaking Regions.



CCA Bank played alongside other institutions in helping government raise over 35 billion FCFA which was used to clear the outstanding salary arrears covering the years 2018 to 2022.  

The Minister of Finance, Louis Paul Motaze, and the General Manager of the CDC, Franklin Ngoni Njie issued statements on September 18, confirming the clearing of the outstanding salaries of workers.

In a statement, the management of CCA Bank expressed pride that the financial institution was among entities that responded to the Head of State, Paul Biya’s call to address the situation given the challenging context.

CCA Bank said it is a historic operation in a challenging economic context given that it benefitted over 20,000 workers of the agro-industrial corporation. 

CCA Bank in its statement said it contributed its expertise and financial support to the large-scale operation. Through the action, the Bank said, it has played a key role in restoring hope, dignity, and stability to thousands of households.

The management of CCA Bank said its contribution ties with its philosophy and understanding that development can’t be separated from social justice. 

It further considers its active role in the operation as working to promoting inclusion, preserving the social fabric and pushing for lasting peace to return to the North West and South West Regions.

“Contributing to this operation means investing in people, in the dignity of workers, and in the stability of our country,” the management of CCA Bank stated in a statement. 

It added that, since its creation, CCA Bank has prioritized being at the heart of community, Small and Medium Sized Enterprises, SMEs engagements and supporting the vulnerable alongside civil servants.

 

CCA Bank putting people first

Restating its role as the people’s Bank, management said CCA Bank remains a community-focused financial institution that masters the local realities of the Cameroonian society. 

It assured that the Bank has what it takes to continue to lead the social transformation of Cameroon and accompanying citizens to improve their lot and promoting sustainable development.

Responding to the call of government, CCA Bank said it is a choice partner of the State, population and businesses. CCA Bank, its management insisted, is major citizen financial institution that puts economic performance on the same pedestal with Corporate Social Responsibility.

 

 

This article was first published in The Guardian Post Edition No:3574 of Wednesday September 24, 2025

 

 

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