Banque commerciale du Congo
Banque commerciale du Congo (BCDC) (Commercial Bank of the Congo) is a commercial bank operating in the Democratic Republic of the Congo. It offers payment services such as Western Union.
| Private | |
| Industry | Banking |
| Founded | 1909 |
| Headquarters | Kinshasa, Democratic Republic of Congo |
Key people | Yves Cuypers |
| Products | Loans, Transaction accounts, Savings, Debit Cards, Credit Cards, Western Union |
| Total assets | US$685 million (31 December 2015) |
Number of employees | 500+ |
| Website | www |
Commercial Bank of Congo in Lubumbashi
History
Belgian Congo Bank in Leopoldville, circa 1942
The Bank traces its origins to 1909 when it was founded as Banque du Congo Belge. BCDC is the second largest bank in the Democratic Republic of the Congo as measured by balance sheet and shareholders equity.
On 9 September 2019, Equity Bank Group, a Kenyan-based banking group, announced that it had acquired a controlling stake in BCDC.[1]
Ownership
| Rank | Name of Owner | Percentage Ownership |
|---|---|---|
| 1 | George Arthur Forrest and Family | 66.53 |
| 2 | Government of the Democratic Republic of Congo | 25.53 |
| 3 | Other Shareholders | 7.94 |
| Total | 100.00 | |
Branch Network
BCDC operates twenty three branches in seventeen cities in the DRC.[2]
References
- "Equity to expand in DRC with acquisition of second-largest bank". Business Daily Africa. Nation Media Group. 9 September 2019. Retrieved 9 September 2019.
- "Accueil - Banque commerciale du Congo". www.bcdc.cd. Archived from the original on 2017-08-11. Retrieved 2017-08-16.
External links
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