Commercial Bank Chad Overview and Information

Commercial Bank Chad is a leading financial institution in Chad, offering a wide range of banking services to individuals, businesses, and the government.

Commercial Bank Chad was established in 1975 and is headquartered in N'Djamena, the capital city of Chad.

The bank has a strong presence in the country, with a network of branches and agencies across major cities and towns.

With a long history of providing financial services, Commercial Bank Chad has built a reputation for reliability and trustworthiness among its customers.

Commercial Bank Chad recently secured a US$23.2 million loan to fund small and medium-sized enterprises (SMEs).

The loan is a result of Chad's commitment to improve its banking system, made in December 2021. This commitment included implementing structural reforms between 2021 and 2024.

Commercial Bank Chad signed a XAF15 billion loan agreement with the Development Bank of Central African States (BDEAC) to recapitalize the bank.

Thanks to the loan, Commercial Bank Chad will deploy a better post-covid-19 response, benefiting Chadian economic operators, particularly SMEs and SMIs.

The BDEAC, a 2.01 percent stakeholder in Commercial Bank Chad, aims to help beneficiaries boost their revenues and expand operations through the response schemes deployed by the bank.