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CCC Plc, Cameroons' top financial house renews confidence in
management board
March 24, 2014
This was during the 12th Annual General Assembly of the
Community Credit Company (CCC) Plc that held at the Bamenda Azam Hotel
on Saturday March 21st, 2015.
The unanimous re-election of all eleven Board members headed by Prof, Ndifon
Peter may not have been unconnected to the positive general report presented by
the Board Chairman and the 2014 management report presented by that company�s
General Manager, Ngoh Walters.
In his report the Board Chair expressed satisfaction with the balance sheet of
the 2014 business year in spite of some challenges especially loan
delinquency.
"I am proud to inform you that the COBAC control
mission of 2014 noted with satisfaction the progress recorded by the
company in a bid to conforming to their recommendations. To buttress
their findings, the Cameroon Ministry of Finance in their quarterly
publication has continued to rank us (CCC Plc), top on the list of
Category 1 microfinance institutions in Cameroon.", Dr.
Ndifon Peter said. He then announced to the applause of members that, the
company would soon complete the necessary legal requirements to move the
financial house to a Category 2 microfinance institution.
For his part, the General Manager, Ngoh Walters announced that the re-structuring
of the company will continue in 2015. According to him priority areas for this
business period include among others; the acquisition of optical fiber to
improve connectivity, the construction of the fisrst phase of the Bamenda office
the commercialization of VISA MASTER Cards and the setting up of a new branch in
Bambili.
Mokun Njouny Nelson
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