Slide 1

Our history

Golden Bank,
A history of sharing

In the beginning

At the heart of the story is Mr Samuel Foyou, a renowned industrialist who, in a bid to diversify his business activities in Cameroon and Central Africa, has long nurtured the once mad ambition of creating a bank. But not just any bank. He envisions a resolutely pan-African financial institution, in tune with the socio-economic and cultural realities of the African people; a bank committed to making financial inclusion its primary mission.

Mr. Foyou firmly believes that every individual, regardless of their social or economic situation, deserves equitable access to services.
banking. The main aim of this bank would therefore be to accelerate bank penetration in all social strata, particularly the underprivileged, in order to promote a fairer, more inclusive society. From now on, banking will no longer be a luxury; it will be “gold” accessible to all.

AFRICA GOLDEN BANK is born!

From idea to reality

The company’s beginnings were not without their challenges. Mobilizing investors, finding a technical partner and a reference shareholder were crucial steps. Mr. Foyou had to travel all over Africa, as far as Mauritius, to put these partnerships into practice. The approval process with the regulator was also an essential step.

2021

Key dates include the first AGC (Constitutional General Assembly) in June 2021. Golden Bank’s founding values, summarized by the acronym “ LIRE ” (Loyalty, Integrity, Responsibility, Equity), reflect the spirit of the company’s founder and guide the company’s day-to-day activities.

What sets Golden Bank apart in the market is the quality of its shareholder base, made up of renowned personalities and companies, and its focus on digital. The company aims to serve a diverse customer base, from individuals to large corporations, while focusing on digital innovation.

2023

Since its creation, Golden Bank has progressed by building a strong management team and obtaining its official license as a bank in August 2023, with a share capital of 10 billion CFA francs.
As for future prospects, Golden Bank aspires to become one of the top ten banks in Cameroon in the medium term, despite its arrival as the 19th player in the sector. It also plans to expand in the sub-region.

2024

As soon as approval was granted, the management team formed to carry out the project had less than a year to set up the entire institution and launch its activities – a real challenge! The head office will be built in the heart of the administrative center of the economic capital Douala, and the first branches will be deployed in Douala, Yaoundé and Bafoussam.

The gamble paid off, and the Golden Bank opened its doors in June 2024.