Union Bank of Cameroon

Union Bank of Cameroon Plc., is a commercial bank in Cameroon. It is one of the commercial banks licensed by the Central [Bank of Central African States], the national banking regulator.

History

UBC was established in 1999 by a network of credit unions in Cameroon to provide retail banking services to individuals and businesses. In 2008, Oceanic Bank, a regional banking conglomerate based in Lagos, Nigeria, acquired majority shareholding in UBC, becoming the core investor.