The
agreement between the two partners provides for the issuance of
thousands of credit card machines to major distributors such as
supermarkets.
In
Cameroon, the Ecobank subsidiary joins other companies such as Afriland
First Bank and Banque Atlantique on the Mastercard network. However,
these banks also use Visa, Mastercard’s competitor.
Ranked
the fifth bank in Cameroon, Ecobank Cameroon’s 2014 net results reached
6 billion FCFA, which is an increase of 51% relative to 2013 when the
bank’s net result grew by 154%.
When News Breaks Out, We Break In. (The 2014 Bloggies Finalist)
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