SG Ghana launches ‘Market Cash Collection hub’ in the heart of the central business district, Accra

Societe Generale Ghana has launched its exciting new Market Cash Collection Hub at Derby Avenue in the heart of the Makola market in Accra. The very colourful event held last Friday 10th September 2021, had in attendance key stakeholders, customers, media, management and staff of the bank.

The Hub was officially out-doored by Mr Philippe Dubois, the Group Head of Corporate Markets for Africa, the Mediterranean & Overseas Business Unit as part of his three (3) day tour of the country.

Welcoming the guests and dignitaries to the event, Mr Hakim Ouzzani, the Managing Director of Societe Generale Ghana stated that, “The Market Cash Collection Hub is an example of the Bank’s innovativeness in addressing the specific needs of customers with a solution that ensures convenience and security in depositing their funds.”

Mr Ouzzani stated that the new Market Cash Collection Hub at Derby Avenue is the first of its kind and uniquely designed to cater for Micro, Small and Medium Enterprises (MSMEs).

The Hub has a full-service branch, a dedicated Chinese Desk and a YUP Centre. The Chinese Desk will leverage the expertise of the SG Group in managing Chinese business across the globe, to cater to the specific needs of the local Chinese market segment.

The YUP mobile app allows customers to send and receive funds as well as make payments from their mobile phones. The YUP app connects to customers’ accounts directly and allows them to perform transactions anywhere. The availability of Agents also ensures that customers can access their funds anywhere.

The General Manager, Retail Business, Obed Hoyah, mentioned that the Cash Collection Desk will engage with the market to undertake a face-to-face collection service to solve the many challenges customers have concerning, off-loading cash without taking the time off their busy schedules. This service will operate from Monday to Friday between 8 am to 3 pm.

“Customers can now conduct their businesses with the full confidence that all the appropriate security arrangements have been put in place to safeguard their funds. In addition, the Market Cash Collection service will ensure that their accounts are credited in real-time at the point of collection” Mr Hoyah concluded.

The Deputy Managing Director of Societe Generale Ghana – Mr Francois Pousse assured customers of the continued support of the Bank toward the realization of their goals and objectives. Mr Pousse said that the Bank will continue to provide customers with the convenience, safety and security needed to sustain, develop and grow their businesses.

The day ended with a tour of the market by the Management of the Bank and some key stakeholders, of some of the key business locations of some of its customers.

Societe Generale Ghana Plc

Societe Generale Ghana is one of the leading banks in Ghana with 40-networked branches and outlets across the country. The Bank provides Retail and Corporate clients with dedicated innovative products and services aimed at satisfying and anticipating customers' needs.

The Bank is recognized for supporting individuals and businesses of various sizes and backgrounds to achieve their full potential. The Bank is the foremost innovator in the Banking industry spearheading key reforms such as Factoring, Cash Management, Foreign Exchange and Commodity Hedging, Consumer Credit Loan and Bill Payments to meet its customers’ needs.

For more information, you can visit our website www.societegenerale.com.gh or any of our Branches or call our Contact Centre on 0302 214 314 or Facebook at www.facebook.com/societegeneralegh or email [email protected]

Societe Generale

Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth.

Committed to the positive transformations of the world’s societies and economies, Societe Generale and its teams seek to build, day after day, together with its clients, a better and sustainable future through responsible and innovative financial solutions.

Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 133,000 members of staff in 61 countries and supports on a daily basis 30 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses:

French Retail Banking, which encompasses the Societe Generale, Crédit du Nord and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation;

International Retail Banking, Insurance and Financial Services to Corporates, with networks in Africa, Russia, Central and Eastern Europe and specialised businesses that are leaders in their markets;

Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.

Societe Generale has included in the principal socially responsible investment indices: DJSI (World and Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

For more information, you can follow us on Twitter @societegenerale or visit our website www.societegenerale.com