On Friday, July 11, 2025, in Brazzaville, Anatole Collinet Makosso, Prime Minister and Head of Government, hosted the ceremony marking the 10th anniversary of the Sino-Congolese Bank for Africa (BSCA.Bank). He was joined by, among other dignitaries, the Monetary Authority of Congo, Christian Yoka; the Chinese Ambassador to Congo, An Qing; the Managing Director of the Agricultural Bank of China (ABC), Zhiheng Wang; and the Chairman of the Board of Directors (Chairman) of BSCA.BANK, Rigobert Roger Andely.

During this ceremony, which took place at the bank's headquarters, the Monetary Authority of Congo, Christian Yoka, took stock of its 10 years of operations.

"Ten years of operations represent an important milestone, conducive to an initial assessment. The results achieved by BSCA.Bank during this period are simply remarkable. From a young banking institution launched in 2015, then the newest addition to the Congolese banking landscape, it has established itself over the years as a leading player, firmly anchored in the national financial system. Today, ten years after its creation, BSCA.Bank ranks among the top Congolese banks, according to standard evaluation criteria."

A few indicators illustrate this evolution: for the past five years, BSCA.Bank has held the market leading position in terms of bank deposit mobilization (20.19%), second place in private sector credit distribution (14.96%) and government financing (18.13%); thanks to the support of its parent company and its powerful network of external correspondents, it ranks first in international fund transfers as well as in the number of ATMs and cash machines installed nationwide;

Its staff has grown from 39 agents in 2015 to 200 in 2025, with 85% Congolese staff and 15% Chinese staff; the bank's network now has seven (7) branches, compared to just one at its launch, including four branches in Brazzaville, two branches in Pointe-Noire, and one branch in Oyo; Finally, as early as 2017, BSCA.Bank achieved financial balance, and has since generated regular profits, enabling both the distribution of dividends to its shareholders and the payment of bonuses to its staff since 2021,” he stated.

The Minister of Finance was not only pleased with the bank's performance. According to him, it is now time to outline the prospects for this institution, the fruit of bilateral financial cooperation between Congo and China.

“After the first two five-year terms (2015-2020 and 2020-2025), the bank's third five-year development plan (2026-2030), currently being developed, must embody new ambitions and define the resources needed to achieve them.” I encourage shareholders and managers to include in this Plan: a component on the expansion of the banking network, with the establishment of new branches in cities such as Dolisie and Ouesso, to strengthen banking and financial inclusion in our country. On this important point for Congo, which is also included in the two founding texts of BSCA.Bank signed in Beijing in 2014, I would like to reassure our Chinese partners, as well as the bank's managers, of the constant determination of the Congolese State to honor its commitments regarding its support. This desire has already been demonstrated in the past, from the construction of the head office in Brazzaville to the recent construction of the new branch in Oyo, in May 2025; the opening of a branch in another country of the Economic and Monetary Community of Central Africa (CEMAC), now made possible thanks to the Single Approval adopted by the CEMAC Ministerial Committee on December 20, 2024; Strengthening human capital through training, mobility, and skills development is an essential condition for sustainable development. Indeed, investing in human capital is just as important as improving the quality of banking services, strengthening compliance, respecting the prudential ratios of the Central African Banking Commission (COBAC), or creating new branches.

The BSCA-Bank 10th anniversary celebrations were also marked by the decoration of around ten employees by the Prime Minister, Head of Government; the unveiling of four mobile banking vehicles; the opening of a photo exhibition and other works of art; and a guided tour of the headquarters.

It should be noted that the Minister of Finance, Budget, and Public Portfolio took advantage of the opportunity provided by the Minister of Finance, Budget, and Public Portfolio to grant an audience in his office to the delegation from the Agricultural Bank of China, led by its Managing Director, Zhiheng Wang.

The Origins of BSCA.BANK

The idea of creating a Sino-Congolese bank emerged in March 2013 in Brazzaville, during the historic visit of His Excellency Mr. Xi Jinping, President of the People's Republic of China. On that occasion, His Excellency Mr. Denis Sassou Nguesso, President of the Republic of Congo, expressed the wish that bilateral cooperation between the two countries would be enriched by a structuring banking partnership capable of catalyzing economic and trade exchanges.

From this strategic vision, a Joint Task Force was born, composed of Congolese and Chinese banking experts, tasked with laying the technical, legal, and institutional foundations for this initiative.

The work carried out by this joint team culminated in the signing, in Beijing on June 12, 2014, in the presence of the two Heads of State, of two founding documents marking the official creation of BSCA.Bank: the Memorandum of Understanding, commonly known as the "Beijing Agreement," and the Shareholders' Agreement, between the Agricultural Bank of China, the Congolese government, the Société Nationale des Pétroles du Congo (SNPC), a collective of Congolese private shareholders, and the Chinese company MPC.

The founding General Meeting of BSCA.Bank was held on December 5, 2014, in Brazzaville, at the premises of the Société Nationale des Pétroles du Congo. Shortly thereafter, the Bank obtained its official approval as a credit institution by Ministerial Order No. 13785 dated May 28, 2015, following the approval of the Central African Banking Commission (COBAC).

The Communication Unit of the Ministry of Finance, Budget and Public Portfolio.