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Societe Generale Group agrees to sell Ghana subsidiary to Attijariwafa Bank

By GhanaSummary Newsroom1 min read2 sources
Societe Generale Group agrees to sell Ghana subsidiary to Attijariwafa Bank

Société Générale Group has signed an agreement with pan-African banking group Attijariwafa Bank to sell its majority stake in Société Générale Ghana.

The transaction will result in Attijariwafa Bank taking over all activities currently operated by Société Générale Ghana.

The agreement marks a major change in the ownership structure of Société Générale Ghana, with Attijariwafa Bank set to become the new majority shareholder once the transaction receives the required regulatory approvals.

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