by Arouna | Nov 27, 2023 | Banking
What is banking software? Banking software is enterprise software that is used by the banking industry to provide and manage financial services to the public. Otherwise referred to as core banking software(CBS), the banking software is equipped with the basic features...
by Mektoub | Nov 12, 2023 | Uncategorized
Rotating Credit and Savings Association is an informal financial institution consisting of individuals who make set contributions and withdrawals to and from a common fund. They are found in developing countries and practiced mostly by women, men, or a mixture of...
by Mektoub | Nov 12, 2023 | Uncategorized
Introduction Au Cameroun, nous comptons plus de 419 établissements de microfinance dont plus de 70% sont des coopératives d’épargne et de crédit (MINFI,2019). Les COOPEC comme elles sont communément appeléés se trouvent dans la 1ère catégorie des...
by Mektoub | Nov 11, 2023 | Islamic finance
Context Following the end of the Millennium development agenda in 2015, the UN and development institutions made a balanced sheet and realized many problems are still plaguing the world. So, phase 2 of the development agenda called Sustainable development goals was...
by Mektoub | Nov 10, 2023 | Islamic finance
Money makes it possible to acquire existing wealth for consumption or as inputs in the production process can be referred to as Finance. Today, finance is needed not only by individuals but also by institutions, private as well as public, as it helps in the production...
by Mektoub | Nov 9, 2023 | Islamic finance
It is no secret that Islamic finance is gaining a lot of attention around the world. Many commercial banks in the West, Middle East, and Africa have embraced this form of financing model and the question remains what advantage does Islamic finance have over the...
by Mektoub | Nov 8, 2023 | Microfinance
The banking and financial system in Cameroon is governed by the convention of January 17, 1992, on the harmonization of banking regulations in the States of Central Africa. Cameroon, according to the provisions of this convention, is a member of the FRANC ZONE and the...
by Mektoub | Nov 7, 2023 | Microfinance
Mindful of law No. 1/02/CEMAC/UMAC/COBAC relating to the conditions for exercising microfinance activity in the Economic and Monetary Community of Central Africa (CEMAC), we can classify microfinance institutions into three categories :1). First category of...
by Mektoub | Nov 6, 2023 | Islamic finance
Introduction In this edition of our monthly write-up, we’ve decided to tackle a topic that has been creating many debates and leaving the financial community with mixed feelings. You have guessed right! we’re talking about Islamic banking as a banking...
