Societe Generale Ghana PLC successfully held its 46th Annual General Meeting (AGM) on Wednesday, June 10, 2026, and provided shareholders with an overview of the Bank’s performance for the year ended December 31, 2025.
The virtual meeting hosted at the Bank’s Head Office was streamed live to the bank’s various stakeholders.
In a preliminary statement on the New Dividend Payment Method by Electronic transfers, the Board Chair, Mrs Margaret Boateng Sekyere, stated that in 2023, the Securities & Exchange Commission directed that, effective February 1, 2024, the payment of dividends shall be through electronic means, such as bank transfers and mobile money, and no longer through dividend warrants.
To enable the implementation of the Securities & Exchange Commission Directive on the payment of dividends via electronic means, Societe Generale Ghana PLC amended its constitution.
In 2025, shareholders approved the payment of dividends for the year ended December 31, 2024, and the payment was effected through electronic means, such as bank transfers and via mobile money.
The bank’s Registrars, NTHC Limited, on October 31, 2025, submitted a Report to Societe Generale Ghana on the payment of the 2024 Dividends, which indicated 29,800 unpaid Shareholders with amounts totalling GHS10,925,721.54
The bank therefore intensified communication to shareholders via all media channels on the new dividend payment method by electronic transfers. However, as of May 2026, Societe Generale Ghana still had GHS9,974,601.55 due to 29,685 unpaid Shareholders in respect of the 2024 Dividends.
The Board Chair urged all Societe Generale Ghana PLC Shareholders to update their records with the Registrar NTHC Limited or their Stockbrokers, especially Shareholders who have yet to receive the 2024 dividend payments directly into their bank account or mobile money wallet.
In her assessment of the year under review, Board Chair, Mrs Margaret Boateng Sekyere, observed that the Global economy demonstrated notable resilience in 2025 despite geopolitical tensions, tighter trade policies, and lingering inflation risks. She further noted that global growth remained steady at approximately 3.3%, supported by easing financial conditions, fiscal stimulus in major economies, and sustained investment in technology-related sectors.
Turning to Ghana’s banking industry, the Board Chair noted that the sector remained resilient in 2025, supported by an improved macroeconomic environment and enhanced regulatory oversight, while stating that total industry assets grew by 21.5%, and Non-Performing Loans (NPLs) declined to 18.9% (from 21.8% in 2024).
Reporting on the bank’s share performance for 2025, the Board Chair revealed a significant increase in the share price.
“The share price of the Bank in the year under review increased significantly by 199% as the price increased from GHS ¢1.5 at the beginning of the year to GHS 4.49 at the end. This reflects strong investor confidence in the bank’s long-term strategy and growth trajectory,” she concluded.
Managing Director of Societe Generale Ghana PLC, Mr Hakim Ouzzani, in his report, observed that Ghana’s economy showed marked improvement with a sharp decline in inflation, easing interest rates, and a stronger cedi. He then revealed that Societe Generale Ghana “delivered a resilient performance with a profit after tax of GHS 397.0 million, underpinned by net interest income of GHS 1.19 billion and a more than twofold rise in net trading income to GHS 122.3 million.
He also announced that Return on Equity was recorded at 15.1%, with shareholders’ funds increasing to GHS 2.60 billion”. These feats, alongside strong capital and liquidity buffers, position the bank to support customers and expand lending as private-sector activity continues to recover.
Mr Hakim Ouzzani mentioned several initiatives, campaigns, innovations, and products rolled out by the bank across all divisions as part of efforts to continuously enhance customer experience.
The 46th Annual General Meeting adopted the Financial Statements of the Company and reports of the directors and the auditors of the Company for the year ended 31 December 2025. The meeting also executed the business of re-electing Non-Executive Directors, electing new Non-Executive Directors, approving Directors’ fees, and granted authorization to the Directors to determine the remuneration of the Auditors
The 46th Annual General Meeting of the Company held for shareholders ended on a positive note, with expressions of confidence in the Bank’s strategic direction and growth prospects. Societe Generale Ghana PLC remains committed to delivering innovative financial solutions and creating sustainable value for shareholders.
Societe Generale Ghana… The Future is You!
Societe Generale Ghana Plc
Societe Generale Ghana is one of the leading banks in Ghana with 40-networked branches and outlets across the country. The Bank provides Retail and Corporate clients with dedicated innovative products and services aimed at satisfying and anticipating customers’ needs.
The Bank is recognised for supporting individuals and businesses of various sizes and backgrounds to achieve their full potential. The Bank is the foremost innovator in the Banking industry, spearheading key reforms such as Factoring, Cash Management, Foreign Exchange and Commodity Hedging, Consumer Credit Loan, and Bill Payments to meet its customers’ needs.
For more information, you can visit our website www.societegenerale.com.gh or any of our Branches or call our Contact Centre on 0302 214 314 or Facebook at www.facebook.com/societegeneralegh or email [email protected]
Societe Generale
Societe Generale is a top-tier European Bank with 117,000 employees serving 25 million clients in more than 60 countries across the world. We have been supporting the development of our economies for nearly 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities, and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.
The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:
▪ French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital Bank Boursorama
▪ Global Banking and Investor Solutions, a top-tier wholesale bank offering tailored-made solutions with distinctive global leadership in Equity Derivatives, Structured Finance, and ESG
▪ International Retail, Mobility & Leasing Services, comprising well-established universal banks (in the Czech Republic, Romania, and several African countries), and ALD / LeasePlan, a global player in sustainable mobility
Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).
For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com
SOCIETE GENERALE GHANA
DANIELLA ASARE-ADU
+233 (0) 302 20 86 00 EXT 2501
[email protected]
SOCIETE GENERALE GHANA
MARKETING, COMMUNICATION & QUALITY
P. O. BOX 13119, ACCRA, GHANA.
www.societegenerale.com.gh
