Royal Foreign Exchange Credit(ROFEC), with the slogan « la finance au cœur des traditions africaines » was created in July 1997 in Bamenda in accordance with the decree n° 00347 of the Ministry of Economy and Finance (current Ministry of Finance) as a Micro Finance Institution (MFI), after the assent n° 19044 of 11th January 2003 of the Central African Banking Commission (COBAC). Its issued capital is 5 billion XAF

Since its creation,Royal Foreign Exchange Credit(ROFEC) has worked significantly in the rural world, in supporting poor people who do not have access to financial services, through the financing of small farmer activities, supervision, the research of opportunities and the flow on the national and international market of the products of the rural world.

In 2012, Royal Foreign Exchange Credit(ROFEC) launched the electronic banking and innovated with its ATM card range to make life easier for its loyal customers.

To curb the competitive threat of the time, boost the implantation of banking institutions, reinforce its proximity and consolidate its financial performance, Royal Foreign Exchange Credit(ROFEC) increased its number of branchesto 42 since 07 November 2013, strategically spread over the 10 regions of Cameroon. Today Royal Foreign Exchange Credit(ROFEC) appears as an actor of reference in the Cameroonian banking scene, with strong performances. It confirms its position of leader in the sector of microfinance in Cameroon according to the Ministry of Finance through the report on the Cameroonian financial sector No. 011/March 2015.

Our Missions

Like anyother microfinance institution, the missions of Royal Foreign Exchange Credit(ROFEC) are summed up in two main points: the social mission and the commercial mission

Offer of financial services to the poor.

As a macrofinance institution, Royal Foreign Exchange Credit(ROFEC) was created to offer banking services the population who do not have access to classicbanks.

 

The fight against poverty through:

  • The financing of micro-projects to promote the creation of activities generating incomes in rural and urban areas.
  • The promotion of savings which is a prerequisite for investment, through financial education.
  • The fight against unemployment through:
  • The recruitment of the personnel of Royal Foreign Exchange Credit(ROFEC) (679 permanent employees on December 31st 2014);
  • The promotion of the demand for workforce through the financing of micro-companies.
  • The development activities and profitability.

Team spirit

It is a strong value of ROFEC which combines the competences, mobilizes the resources, the good practices to the service of customers while mobilizing and federating the whole of the collaborators. It is as a result of this that team spirit is not an empty concept at ROFEC.

Total integrity:

Personal values of all the workers of our company for a good behaviour and an impeccable professionalism. We are honest in relation to our company as well as all stakeholders.

The satisfaction and securing of loyal customers:

With our spirit of conqueror, we work hard to provide our customers with quality services and solutions, in a spirit of mutual trust.

The satisfaction and securing of loyal customers:

With our spirit of conqueror, we work hard to provide our customers with quality services and solutions, in a spirit of mutual trust.

Leader spirit:

We have an ambitious, dynamic and determined team to enhance quality in order to remain in a leadership position in the sector of microfinance in Cameroon;

Solidarity:

During moments of joy or sorrow, the personnel of ROFEC gather as a family whose members support each other. At CCA, there is a spirit of sharing of know-how in order to improve our performances.

Our Solutions:

We offer a variety of options for our cherished clients and their benefits are the most competitive in the market.

We listen attentively to YOU – our clients. We provide the services and products according to your specific needs. You are happy, we are happy. This aligns with our slogan "we make life easy".