Tag: Société Générale

Congo slams Societe Generale’s sale of its local branch to Vista Group

June 15, 2023

Authorities of Congo Brazzaville have rejected Societe Generale's sale of its country subsidiary to Vista Group because the bank did not give it a right ... Read More

France-Africa: Société Générale pulls out of four African countries

June 8, 2023

Paris-based multinational financial services company, Société Générale, also known as SocGen, has withdrawn from four African countries, namely Chad, Congo, Equatorial Guinea, and Mauritania. The ... Read More

Fitch: Deposits in Morocco Islamic Banks to Grow up to 10 %

June 13, 2017

Islamic banking products in Morocco could expand their deposit bases by 5 to 10 pc, says Fitch Ratings, noting that the ability to grow the ... Read More

Algeria to Privatize Banks in Response to Oil Price Slide

September 26, 2016

State-owned banks in Algeria will soon be allowed to list in the stock exchange as Algiers continues to stumble in the aftermath of the plummeting ... Read More

Libya: Freeze Libyan sovereign fund till unification, Breish

July 18, 2015

Abdul Magid Breish, once the undisputed leader of the Libyan Investment Authority (LIA), has warned that the country’s $67 billion sovereign wealth fund should continue ... Read More

Libya: Rival governments unite for LIA against financial institutions

June 12, 2015

Fighting between Libya’s two rival governments continues and efforts to end it have still proven unsuccessful but the two parties have decided to unite behind ... Read More

Egypt: QNB finally takes over NSGB

March 26, 2013

A total of 443,535,902 shares of the ‘’National Société Générale Bank’’ (NSGB) have been acquired by the Qatar National Bank (QNB) at a selling price ... Read More