Societe Generale Ghana launches a new securities custody offer

Societe Generale Ghana PLC is expanding its securities custody offering in Ghana, drawing on the expertise of Societe Generale Securities Services (SGSS).

Present in the country for nearly 20 years, Societe Generale Ghana is a key player in the Ghanaian banking market.

This new securities services offer will allow the bank to strengthen its services for a local and international clientele of institutional investors and to develop its offer in Ghana, one of the main financial markets in West Africa.

Societe Generale Ghana will provide custody services based on its newly implemented IT platform. Connected to the SWIFT interbank network, the ambition is to offer the best international standards in the management of securities instructions and transactions.

This enriched offer will combine Societe Generale’s knowledge of the local market and SGSS’ expertise in the securities business in order to offer the best solutions in terms of custody.

These extended services in Ghana reinforces Societe Generale’s footprint on the continent, as it provides similar support for the other subsidiaries within the West African Economic and Monetary Union1 (WAEMU) from Côte d'Ivoire, within the Economic and Monetary Community of Central Africa2 (CEMAC) from Cameroon, as well as in Morocco and Tunisia.