Societe Generale (SG) Ghana has launched its new market cash collection hub at Derby Avenue in the heart of the Makola market in Accra. The Hub was officially out-doored by Mr Philippe Dubois, the Group Head of Corporate Markets for Africa, the Mediterranean and Overseas Business Unit as part of his three day tour of […]
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Societe Generale launches Market Cash Collection Hub for MSMEs customers
Listed bank, Societe Generale Ghana has pledged its commitment of creating an institution that is agile and responsive to the needs of customers, particularly within the Micro, Small and Medium Enterprise category, which, it describes as the bedrock of the economy. To this end, it has launched the Market Cash Collection Hub at Derby Avenue […]
Serial investor Daniel Ofori earns US$2.50 million as Societe Generale Ghana shares rise
Ghanaian serial investor Daniel Ofori. Ghanaian businessman and serial investor Daniel Ofori has recorded a gain of (US$2.50 million) from his equity stake in Societe Generale Ghana. The multimillion-dollar gain came on the back of a nearly 50-percent rise in the shares of the Ghana-based lender. The increase comes as investors and traders re-price equities […]
Apologise for false allegations or face lawsuit – Lawyers of Societe Generale Board Chairperson to PPP
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 […]
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 […]