SG Bank reiterates commitment to businesses


Managing Director of Société General (SG) Ghana Plc, Hakim Ouzzani, has reiterated his outfit’s continued support for businesses.

According to him, the bank is seeking to demonstrate its resilience by  supporting local businesses to explore opportunities beyond the country’s shores and attract foreign investors.

He disclosed that SG Ghana has contributed immensely to the domestic economy by providing quality products and services that best satisfy the needs of its customers.

“In 20 years of operation in this country, we have served our 250,000 clients with the ambition of lifting the economy through retail and corporate business.

“In the last two years, we have increased our SME fund to incorporate more entrepreneurs with a single-minded purpose to liberate startups and individual businesses economically and financially,” he said.

“SG Ghana has done just that in promoting Ghanaian institutions, industries and the private sector.”

The MD stressed that entrepreneurs have all the qualities and skills to grow – adding that some of them who started business with the brand years ago with very small account balance are today a real force in the business space, with some of them having staff and assets.

His expectation is that some of them in the next 10 to 20 years will become twice or thrice their original size.

“Now, we are seeking to show more of that resilience in our ability to grow African champions in our country by supporting businesses to explore beyond their shores,” Mr. Ouzzani stated.

The MD made these remarks at a colourful ceremony held at the Kempinski Gold Coast Hotel as part of activities to commemorate the 20th anniversary of SG Ghana.

Company Secretary for SG Ghana, Angela Bonsu, noted that the bank – which was previously known as Société Générale – Social Security Bank (SG-SSB) bank before it rebranded after Societe Generale acquired a 51 percent controlling interest in the institution in 2004 – serves as a panacea to the numerous challenges encountered by businesses in accessing relevant support.

She mentioned that the bank will not relent in its efforts to provide unrivalled financial solutions to local businesses.

The Board Chair of Société General Ghana, Margaret Boateng Sekyere, stated that the bank’s commitment to a sustainable future accounted its heavy investment in corporate entities and individuals.

She said SG Ghana will continue to champion innovative initiatives for the advancement of entrepreneurs, corporate institutions and society as a whole.

She said with the changing dynamics that come with the banking industry, SG Ghana is focused on sustainability for the future.

At SG Ghana, our commitment extends beyond financial excellence, she said.

On direction of the bank, she mentioned that it aims to support the economy of Ghana.

“We will focus on retail banking, which is the heartbeat of the economy. Today we stand tall because we love and support retail banking in a very big way, and all our stakeholders in that area have been supported from top to bottom to be able to thrive – and the results show in our numbers.

“We firmly believe that by aligning our business objectives with the rules set by our regulators and bringing the team to all levels, we can forge a brighter future for all,” Mrs. Sekyere said.

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