Societe Generale Ghana PLC Profile
Societe Generale Ghana PLC provides retail banking, corporate banking, investment banking, and other financial intermediation services in Ghana. The company operates as a subsidiary of SG Financial Services Holding SA.
Segments
The company operates through three segments: Retail Banking, Corporate Banking, and Treasury.
Retail Banking- This segment primarily serves the needs of individuals, high net worth clients, institutional clients and very small businesses. It is principally responsible for providing loans and other credit facilities, as well as mobilizing deposits and providing other transactions.
Corporate Banking- This segment is principally responsible for providing loans and other credit facilities, as well as mobilizing deposits and providing other transactions to the company’s corporate clients.
Treasury- This segment undertakes the bank’s funding activities. It also manages the liquidity position of the company through activities such as borrowings, and investing in liquid assets, such as short-term placements and government debt securities.
Deposits
The company offers savings accounts, current accounts, and term deposits.
Regulation
The company has complied with the regulations of the Securities and Exchange Commission (L.I. 1728 Regulation 61) and has submitted to the Commission as requested, two (2) reports of the Audit and Accounts Committee for the year 2022.
History
The company was founded in 1975. The company was incorporated in 1975. The company was formerly known as Societe Generale Ghana Limited and changed its name to Societe Generale Ghana PLC.
