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Afriland First Bank
Cameroon
1987 (38 Years)
Last online: No recent activity
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Afriland First Bank
Company Information
Get to know Afriland First Bank
Afriland First Bank provides banking products and services. Its deposit products include savings accounts, corporate current accounts, special deposit accounts, individual current accounts, Islamic deposit accounts, foreign currency accounts, and flash cash accounts. The company also offers payment solutions, bancinsurance, saving bonds, microfinance products, money transfer services, venture capital funds, and leasing services. In addition, it provides Internet banking, telephone banking, SMS banking, and ATM services. The company primarily serves large businesses, small businesses, micro-enterprises, and professionals. It operates approximately 30 branches in 10 regions of Cameroon, as well as offices internationally.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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