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Central Africa.


BGFI BANK GABON Gabon (gäbôN`), officially Gabonese Republic, republic (2005 est. pop. 1,389,000), 103,346 sq mi (267,667 sq km), W central Africa. It borders on the Atlantic Ocean in the west, on Equatorial Guinea and Cameroon in the north, and on Congo  IS THE REGION'S biggest bank with an increased capital base of $156m, up from $115m last year. One of Central Africa's more stable countries, it is also one of the continent's richest, thanks to its oil wealth. But imbalances in income mean around a third of the population live in poverty, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the African Development Bank. Structural reform and non-oil revenues have led to growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
 above 5% in recent years but the global slowdown For articles with similar titles, see Slow Down (disambiguation).
A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties.
 is biting biting

pertaining to the characteristic behavior of performing a bite.


biting louse
see species of the insect suborder mallophaga.

biting midge
insects of the family ceratopogonidae.
 and growth is set to fall below 4% in 2010. The government cut its 2009 state budget in March by 13% to just over $3bn, citing the reduced revenues from oil and other exports.
Central Africa

Regional  RANK          BANK           Date of  Country   Capital ($M)
 Ranking                               Results

   1       47   BGFI Bank              Dec-08   Gabon         399

   2       77   BGFI Bank - Gabon      Dec-08   Gabon         156

   3        -   Banque Commerciale du  Dec-07   Congo DR       21
                Congo

   4        -   Ecobank Cameroon       Dec-08   Cameroon       15

Regional  RANK          BANK        Assets ($M)  CAR (%)  Profits ($M)
 Ranking

   1       47   BGFI Bank              1,815      22.0         56

   2       77   BGFI Bank - Gabon      1,220      12.8         28

   3        -   Banque Commerciale       233       9.0          5
                du Congo

   4        -   Ecobank Cameroon         420       3.6        4.6

Regional Ranking  RANK              BANK             ROE (%)  ROA (%)

        1          47   BGFI Bank                     14.0     3.1

        2          77   BGFI Bank - Gabon             17.9     2.3

        3           -   Banque Commerciale du Congo   23.8     2.1

        4           -   Ecobank Cameroon              30.0     1.1
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Title Annotation:REGION BY REGION
Publication:African Business
Article Type:Brief article
Geographic Code:60AFR
Date:Oct 1, 2009
Words:241
Previous Article:Zenith, First Bank move to the top.
Next Article:East Africa: recession hits bank growth.
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