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 […]
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 […]
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. […]
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. […]
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 […]
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 […]
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, 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 […]
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 […]
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, […]
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