Cameroon: Yaounde threatens to close NFC B’da for respecting ghost town

Minster Alamine Ousmane Mey has threatened to withdraw the license of the National Financial Credit Bamenda for respecting ghost town

Closed on ghost town days Monday to Wednesday the regional agency of the National Financial Credit Bank of Bamenda received on September 23, 2017, a threatening correspondence from the Minister of Finance, Alamine Ousmane Mey. In his letter, the minister for finance indicated that the bank has continued to keep its doors closed on working days.

“During an unexpected visit by the local authorities to your branch, your bank has been found to be closed on business days in violation of the provisions of the license issued to you by the Monetary Authority,” reads the correspondence .

The Minister of Finance reminded the branch manager that he had personally taken part in a meeting convened by the DO for Mezam during a meeting aimed at trying to seek ways of bringing socio-economic activities to normal in the division .

“your attitude therefore is against the republican values and ​​can lead to the withdrawal of your license with consequent sanctions against you and your institution,” Alamine Ousmane Mey threatened.

The National Financial Credit Bank (NFC BANK), is headquartered in Yaoundé and has branches in some regions, the North-West included. This institution remains closed from Monday to Wednesday as the entire anglophone region was observing ghost town.

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