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Financial engineering : spx-cmr welcomes the synergy between its line ministry and the beac

This collaboration was formalized following the audience granted by Minister Achille Bassilekin III to Mr. Ayissi Nkoa, National Director of the Bank of Central African States (BEAC). At the heart of the discussions: the implementation of inclusive financial mechanisms and there positioning of the Cameroon Bank for Small and Medium-Sized Enterprises(BCPME).

This high-level consultation, which included experts from the National Economic and Financial Committee (CNEF), marks a shared commitment to removing structural barriers to credit access. The meeting is part of a comprehensive study led by the national BEAC and the National Credit Council to adapt financial offerings to the realities of VSEs, SMEs, and artisans. One of the major levers identified remains the operational reinforcement of the BCPME, enabling it to fully play its role as the State’s secular arm in providing financial support to the private sector.

For monetary and government authorities, the goal is to build an ecosystem where financing is no longer an obstacle but a growth accelerator. The presence of Mr. Faha Felix and Mr. Bekono Mbassa Parfait from the CNEF highlights the technical and legal dimension of this reform, aimed at securing and stream lining capital flows toward productive sectors.

A lever for the solvability of local subcontractors

For the SPX-CMR, this synergy between the monetary regulator and the ministry in charge of SMEs is a strong signal for the sustainability of subcontracting companies. Access to tailored credit lines is fundamental to allowing SMEs to manage payment delays and invest in production tools.

"The strategic repositioning of the BCPME and the involvement of the BEAC pave the way for a better rating of our SMEs with commercial banks. By facilitating refinancing and innovating in guarantees, we strengthen the credibility of Cameroonian subcontractors in the eyes of contractors," explains a SPX internal source. This approach contributes to reducing the financial asymmetry that often hinders the participation of nationals in major contracts.

The harmonization of credit policies with real field needs is a sine qua non condition for the successful structural transformation of our economy. For the members of the SPX, this consultation heralds a new era where financial inclusion becomes the driver of operational excellence and "second-generation" Local Content.

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