Union Bank of Cameroon

Union Bank of Cameroon Plc. (UBC), is a commercial bank in Cameroon. It is one of the commercial banks in Cameroon, licensed by the Central Bank of Central African States, the national banking regulator.[1]

History

The bank was established in 1999 by a network of credit unions in Cameroon, to provide retail banking services to both individuals and businesses. In 2008, Oceanic Bank International, a regional banking conglomerate, based in Lagos, Nigeria, acquired majority shareholding in UBC, becoming the core investor.[2]

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