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Find all the economic and financial information on our Orishas Direct application to download on Play StoreFor the first time, a listed bank in a French-speaking sub-Saharan African country has reached the level of stock market value. This is the subsidiary in Côte d'Ivoire of the French banking group Société Générale, which is currently the largest bank in ECOWAS in terms of stock market value.
Sur la Bourse Régionale des Valeurs Mobilières (BRVM) d' Abidjan où la Societe Generale Ivory Coast is listed, its market valuation is 638.1 billion FCFA (1.04 billion $). This level allows it to be among the 14 banks listed on African markets whose stock market value exceeds one billion dollars. The value of its shares has already increased by 27.8% on the UEMOA financial market in June. Among 18 African systemic banks (with a high market value or a large presence on the continent), Société Générale Côte d'Ivoire posted the third best performance over the last 30 days (+13.4%). This growth is in the wake of the announcement of solid performances during the first quarter of 2024
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