Serge Yanic Nana’s Financia Capital arranging La Régionale IPO
The brokerage firm is working on the operation to raise 8.2bn CFA francs (more than €12.5m) on the Douala exchange, aimed at increasing the Cameroonian microfinance institution’s equity as it strives to become a bank.
15/12/2020 at 15h07, by Africa Business+
This IPO by La Régionale d’Epargne et de Crédit, founded in 1993 by Charles Rollin Ombang Ekath, will be the first since the merger between the Libreville and Douala stock exchanges.
Recommended articles
Bank
13/04/2021 at 19h04, by Africa Business+
Ombang Ekath’s La Régionale only collects €3.9 million on Douala Stock Exchange listing
Cameroonian microfinancer only managed to place 31.23% of the 196 000 securities in its public offering.