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Societe Generale Côte d'Ivoire: increase in net income in the third quarter of 2023

21/11/2023
Source : ORISHAS FINANCE
Categories: Companies Rate

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Le rapport d' activité établi par la direction de la Société Générale Côte d'Ivoire (SGCI) mentions that the net result of this banking institution increased by 42% at the end of the third quarter of 2023 compared to the third quarter of 2022.

SGCI's net income increased from 47.084 billion FCFA at 30 September 2022 to 67 billion FCFA at 30 September 2023. During one year, customer loans increased by 16% to 2272.893 billion FCFA compared to 1965.461 billion FCFA in the third quarter of 2022. Customer deposits also fell slightly by 2%, from 2,700.807 billion FCFA on 30 September 2022 to 2651.014 billion FCFA

a year later.

Net banking income (GNP) grew by 20%, reaching 185.297 billion FCFA compared to 154.926 billion FCFA as of September 30, 2022.

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