Société Générale Côte d’Ivoire was awarded the “Best Trade Finance Service Provider 2019” award from the Ivorian market by Global Finance magazine on January 16 in London for the second year in a row. This award was given to highlight the bank’s progress in the market, its innovative initiatives and the quality of services offered as part of its international trading operations during the year 2018.
Solid leader of the Ivorian banking sector with almost 20% of market share (in resources and jobs), the establishment which adopted its new name at the beginning of the year begins 2019 under good auspices after a 2018 exercise crowned with multiple distinctions including that of “Best Bank of Ivory Coast” awarded by Euromoney.
In addition, the magazine also awarded Societe Generale Group the “Best Bank for Trade Finance in Emerging Markets” and “Best Trade Finance Provider” awards in Africa.
“These awards mark Societe Generale’s investment in companies, as well as the expertise and involvement of a local team committed to making Société Générale Côte d’Ivoire, the reference bank,” commented Aymeric Villebrun. General Manager of the Ivorian subsidiary, quoted by the bank’s press release.
With a portfolio of almost 400,000 customers, the bank had a net profit of 39.6 billion FCFA at the end of 2017, or 60.4 million euros, an increase of just over 14%.
