{"id":1155,"date":"2019-02-05T12:02:40","date_gmt":"2019-02-05T11:02:40","guid":{"rendered":"http:\/\/www.minpmeesa.cm\/site\/?page_id=1155"},"modified":"2019-02-07T14:35:06","modified_gmt":"2019-02-07T13:35:06","slug":"bc-pme","status":"publish","type":"page","link":"http:\/\/www.minpmeesa.cm\/site\/en\/ministry\/structures-under-the-ministrys-supervision\/bc-pme\/","title":{"rendered":"The SMEs Bank (BC- PME)"},"content":{"rendered":"<p><strong>1- Creation<\/strong><strong>\u00a0<\/strong><\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-269 alignright\" src=\"http:\/\/www.minpmeesa.cm\/site\/inhoud\/uploads\/2018\/11\/bc-pme.png\" alt=\"\" width=\"139\" height=\"104\" \/><\/p>\n<p><span style=\"font-weight: 400;\">The creation of the Cameroon SMEs Bank (BC-PME) was announced by the President of the Republic of Cameroon, His Excellency Paul Biya, during the Ebolowa Agro-Pastoral Show in 2011, as well as the creation of the Agriculture Bank (CARFIC). These two public banking institutions are each endowed with a share capital of 10 billion CFA francs, already fully allocated by the public authorities (MINFI).<\/span><\/p>\n<p><b>2-<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><b>Objective<\/b><b>\u00a0:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The Cameroon SMEs Bank aims at providing financial support to business promoters, through the granting of short, medium and long-term loans to SMEs in order to finance their operating activities.<\/span><\/p>\n<p><b>3-\u00a0<\/b><b>Purpose of its creation<\/b><b>\u00a0:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">In Cameroon, SMEs represent nearly 95% of the country&rsquo;s economic fabric. But most SMEs promoters find it very difficult to access bank credit from traditional banks, which generally require guarantees that are difficult to access for local entrepreneurs who do not own fixed assets such as land and buildings and have few resources.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> After receiving a release of CFAF 10 billion from the State, the bank&rsquo;s sole shareholder and the authorisation delivered by the regulator, the bank was only waiting for the appointment of the main managers to effectively launch its activities.<\/span><\/p>\n<p><b>4-<\/b><span style=\"font-weight: 400;\">\u00a0<\/span><b>Bank management<\/b><b>:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0The creation of the Cameroon SMEs Bank was completed with the appointment of the heads of the deliberative bodies (Board of Directors) and managers;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This appointment was made following the approval of the Central African Banking Commission (COBAC) and in accordance with the provisions of the Organisation for the Harmonisation of Business Law in Africa (OHADA).<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> At the end of the double joint general meeting of 6 June 2014, the managers respectively entrusted the Chairmanship of the Board of Directors to <\/span><b>Mr Theodore NKODO FOUMENA<\/b><span style=\"font-weight: 400;\">, former Vice-President of the African Development Bank (ADB), <\/span><b>Mrs Agn\u00e8s NDOUMBE MANDENG<\/b><span style=\"font-weight: 400;\">, Director of Financial and Monetary Cooperation at the Ministry of Finance as General Manager, and <\/span><b>Mr AMADOU HAMAN<\/b><span style=\"font-weight: 400;\">, as Deputy General Manager.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Cameroon SMEs Bank opened its counters to the public on Monday, 20 July 2015.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1- Creation\u00a0 The creation of the Cameroon SMEs Bank (BC-PME) was announced by the President of the Republic of Cameroon, His Excellency Paul Biya, during the Ebolowa Agro-Pastoral Show in 2011, as well as the creation of the Agriculture Bank (CARFIC). These two public banking institutions are each endowed with a share capital of 10 &hellip; <a href=\"http:\/\/www.minpmeesa.cm\/site\/en\/ministry\/structures-under-the-ministrys-supervision\/bc-pme\/\" class=\"more-link\">Lire la suite<span class=\"screen-reader-text\"> \u00ab\u00a0The SMEs Bank (BC- PME)\u00a0\u00bb<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":1327,"parent":1142,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"episode_type":"","audio_file":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","date_recorded":"","explicit":"","block":"","filesize_raw":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The SMEs Bank (BC- PME) - MINPMEESA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.minpmeesa.cm\/site\/en\/ministry\/structures-under-the-ministrys-supervision\/bc-pme\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The SMEs Bank (BC- PME) - MINPMEESA\" \/>\n<meta property=\"og:description\" content=\"1- Creation\u00a0 The creation of the Cameroon SMEs Bank (BC-PME) was announced by the President of the Republic of Cameroon, His Excellency Paul Biya, during the Ebolowa Agro-Pastoral Show in 2011, as well as the creation of the Agriculture Bank (CARFIC). 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