The acquisition is part of Societe Generale's global strategy to sell its activities in Africa. In recent years, the French banking group has sold its subsidiaries in countries such as the Republic of Congo and Chad. This transaction marks an important step for Saham Finances, which is expanding its presence on the Moroccan financial market. The transaction includes several subsidiaries of Société Générale Maroc, including entities in the fields of insurance, financing, leasing, asset management and brokerage.

The transaction concerns 57.67% of the capital of Société Générale Maroc, currently owned by Société Générale (SG France). Through this majority stake, Saham Finances indirectly acquires control of the 99.99% owned by SG France in its Moroccan subsidiary Sogelease Maroc, a subsidiary specialized in leasing. At the same time, the operation also includes Eqdom and SG Offshore. The renewed accreditations granted by Bank Al-Maghrib allow these entities to continue their

For Saham Finances, this acquisition marks a major step in its diversification and expansion beyond its historical core activities in insurance and financial services. With this equity investment, the group aims to strengthen its competitiveness and develop new synergies within the Moroccan banking sector