Lawyers for Margaret Sekyere, the Board Chairperson of Societe Generale Ghana Limited, have written to the Communications Director of the Progressive Peoples Party (PPP), Felix Mantey, to retract some allegations he’s said to have leveled against their client. Mr Mantey on Wednesday, June 9, issued a statement accusing Mrs Sekyere of being used as a […]
Tag: XGHA_SOGEGH
Ghana: Allianz Life Insurance, Societe Generale Bank Launch Partnership
Allianz Life Insurance and Societe Generale Bank have entered into a partnership that will enable the public to buy insurance policies from the bank’s vast branch network nationwide. The launch of the partnership at the bank’s head office in Accra also saw the unveiling of two insurance products, Sound Eduflex Plan and Sound Funeral Plan. […]
Soceite Generale Ghana appoints Margaret Sekyere as Board Chair
Societe Generale Ghana has appointed Margaret Boateng Sekyere as Chair of the Board of Directors, effective 1st October 2020. Mrs. Sekyere has served on the Board since November 2019 as an Independent Non-Executive Director. She succeeds Kofi Ampim who retired as Board Chairman on 30th September 2020, the bank said in a statement released today. […]
Cocobod signs $1.3bn syndicated loan for 2020/21 cocoa purchases
Ghana Cocoa Board on Tuesday signed a $1.3 billion syndicated loan agreement with local and international banks for the purchase of cocoa for the 2020/21 season. Parliament in August approved the syndicated loan, which comes with an interest rate of 1.75 percent. It was the first time that the agreement had to be signed virtually […]
Ghana Cocoa Board signs $1.3billion syndicated loan for 2020/21 cocoa purchases
Cocoa Board Ghana Cocoa Board on Tuesday signed a $1.3 billion syndicated loan agreement with local and international banks for the purchase of cocoa for the 2020/21 season. Parliament in August approved the syndicated loan, which comes with an interest rate of 1.75 per cent. It was the first time that the agreement had to […]
Ghana Cocoa Board signs $1.3b loan for 2020/21 cocoa purchases
The signing Ghana Cocoa Board on Tuesday signed a $1.3 billion syndicated loan agreement with local and international banks for the purchase of cocoa for the 2020/21 season. Parliament in August approved the syndicated loan, which comes with an interest rate of 1.75 per cent. It was the first time that the agreement had to […]
IFC provides $50m loan to Societe Generale Bank Ghana to support SME growth
IFC, a member of the World Bank Group, has taken announced a loan to Societe Generale Ghana Limited (SGGH) to support the bank’s reach and provision of services to thousands of Ghanaian Small and Medium Enterprises (SMEs). The $50 million senior loan will support SGGH in expanding its provision of loans of up to five […]
Societe Generale Ghana completes rights issue and increases stated capital
File Photo Societe Generale Ghana has increased its stated capital to GHS404,245,426.72 via a Bonus Issue of GHS 97,000,000.00 and a Rights Issue of GHS168,942,501.90, thus meeting the Bank of Ghana’s Directive issued in September 2017. The Central Bank of Ghana in accordance with Section 28 (1) of the Banks & Specialised Deposit Taking Institutions […]
Societe Generale Ghana targets 7 percent banking market share in short term
Managing Director of Societe Generale(SG), Ghana Hakim Ouzzani has told Citi Business News the bank is aiming to increase its market share to 7 percent. This he says will enable the bank expand its operations in the Small and Medium Enterprise sector. Speaking to Citi Business News after the bank met some of its stakeholders, […]
Societe Generale Ghana says ready to boost support for SMEs
Societe Generale (SG) Ghana says it is ready to increase support for small and medium scale enterprises (SMEs), following the meeting of the Bank of Ghana’s (BoG) Minimum Capital Requirement (MCR). Mr Hakim Ouzzani, the Managing Director of SG Ghana, who was speaking at a cocktail event with some clients of the bank in Accra […]