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The development plan draws on the region's strong potential for growth and for banking penetration, and on major commercial and operational synergies between the Group's core businesses. Present on the continent for over years, the Group has developed a deep local expertise and a solid experience in supporting its business and personal clients. The bank operates in 18 countries and has built a vast, continent-wide network with nearly 1, branches and more than 11, employees serving more than 3 million clients, including , businesses.
With this historical presence and geographic network, Societe Generale is one of the Top 3 international banks in Africa today. The bank is very strongly positioned: No. Drawing on its historical positioning as a partner for businesses, Societe Generale is progressively enhancing its range of universal banking services in Africa.
This already goes beyond traditional bank deposit and lending services and encompasses activities requiring international expertise, such as domestic and international cash management, factoring, leasing and structured financing, as well as market financing and hedging solutions, with teams based in Africa and Paris dedicated to African clients.
Societe Generale intends to maintain this momentum by enhancing its range of products and services for the corporate market by bolstering its capacities in this region at local level, in line with the evolving needs of its clients large international corporations, major African corporations or regional businesses :.
The personal banking business, which is constantly developing in Africa, is progressively imposing its own momentum, with significant segmentation and different and evolving levels of use of banking services.