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Société Générale exits

Société Générale exits

Société Générale Group has agreed to sell its entire 60.22 percent stake in Société Générale Ghana (SG Ghana) to Morocco's Attijariwafa Bank and the Social Security and National Insurance Trust (SSNIT), ending the French lender's majority ownership of one of the country's established banks.

Banks say 10% NPL target within reach

Banks say 10% NPL target within reach

Seven in 10 banks surveyed by the Chartered Institute of Bankers, Ghana (CIB Ghana) say they are confident of meeting the 10 percent non-performing loan (NPL) directive by end-2026, even though the industry ratio stood at 15.7 percent in August - some 5.7 percentage points above the target.

Ebenezer Chike Adjei NJOKU·

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