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The Bank of Ghana is overseeing the ongoing sale of shares in Société Générale Ghana, with several prospective buyers showing interest. Governor Johnson Asiama confirmed that the central bank will ensure compliance with regulatory requirements before granting final approval, as negotiations between shareholders continue. This follows a strategic review initiated by the Société Générale Group, which holds a 60.22% stake in the bank.
The Governor of the Bank of Ghana, Dr. Johnson Asiama, confirmed that the sale of shares in Société Générale Ghana is in progress, with potential buyers currently engaging with the central bank. He emphasized the importance of ensuring that all investors meet the necessary fit and proper requirements to uphold the financial sector's integrity. Meanwhile, the Managing Director of Société Générale Ghana, Hakim Ouzzani, addressed rumors about the bank exiting Ghana, clarifying that such claims were unfounded and not issued by the bank or its group.
The Governor of the Bank of Ghana, Dr. Johnson Asiama, announced that the sale of shares in Société Générale is in progress, with multiple prospective buyers showing interest. The central bank is ensuring that any buyer meets the necessary fit and proper requirements before proceeding with the transaction. This follows Société Générale's plans to exit the Ghanaian market, aiming to focus on more strategic locations in Africa.
The sale of shares in Société Générale is currently in progress, with prospective buyers engaging with the Bank of Ghana to ensure they meet regulatory requirements. Governor Dr. Johnson Asiama stated that the central bank is awaiting negotiations and agreements before proceeding further. Meanwhile, Société Générale Ghana's management has clarified that rumors of the bank exiting Ghana are unfounded, emphasizing their commitment to strengthening their capital base.
Johnson Asiama
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