econ
← Chad
Commercial Bank Tchad

Commercial Bank Tchad

BankingNo. 3 in ChadChad
Founded
n/a
Headquarters
N'Djamena, Chad
Ticker
n/a
Sector
Banking

Stock performance

This company has no listed ticker in our data, so there is no price chart.

History

Commercial Bank Tchad (CBT) was created in 2002 through the privatization of the state Banque de Développement du Tchad, and is part of the Cameroonian Fotso family's Commercial Bank Group, with sister banks in Cameroon, the Central African Republic, Equatorial Guinea, and São Tomé.

Business model

CBT provides retail and corporate banking, trade finance, and payment services in Chad.

Market position

CBT is one of the larger commercial banks in Chad, in a market that also includes Ecobank, Société Générale, and Orabank.

Country impact

In one of the least banked countries in the world, CBT is among the few institutions providing credit to businesses and handling public-sector payments.