Bicec

Stock performance

History

Bicec, the Banque Internationale du Cameroun pour l'Épargne et le Crédit, was founded shortly after Cameroon's independence and grew into one of the largest banks in the country, eventually becoming a subsidiary of France's BPCE banking group while maintaining an extensive domestic branch network.

Business model

Bicec provides retail, corporate, and savings banking services across Cameroon, operating as a subsidiary of French banking group BPCE with one of the more extensive domestic branch networks in the country.

Market position

Bicec is one of the largest banks in Cameroon, competing with Afriland First Bank and other domestic and pan-African banks for a share of the country's banking market.

Country impact

Bicec is one of the largest financial institutions in Cameroon, and its long operating history since shortly after independence has made it one of the more established banking brands in the country.