In terms of performance, the half-year balance sheet shows a solidity with a solvency ratio of 11.04% against a regulatory minimum of 9.5%, marking the strengthening of the bank's capital.

But from the start, Societe Generale Côte d'Ivoire enjoys a sustained and profitable activity with first a growth in average outstandings of +19% which is based on a market share of 19.6%, growing since the fourth month of the year in terms of deposits. SGCI's net banking income (GNP), which stands at CFAF 71.5 billion, is up +15% compared to CFAF 62.4 billion in 2018.

Sgci's third highlight in the first half of the year (H1 2019) is the solid risk profile with a stable bad debt rate of 7% and a coverage ratio of more than 90%. At this level, it is necessary to highlight a good diversification of the outstanding credit portfolio which is explained by the fact of the respect of the ratio of division of risks and no sector of activity and that no sector of activity represents more than 20% of its portfolio.

Positioning itself as a trusted partner for the development of the State of Côte d'Ivoire, the bank has included in its 2018-2023 strategic plan, focuses on four main axes, namely customer satisfaction, operational efficiency, human capital and responsibility. The fruits of these actions are, among others, the opening of the SME House, the agencies of Dimbokro and Agnibilékrou, the empowerment of transaction processing, launch of the first "graduate program", the promotion of equality between men and women in the professional sphere and especially the price of the transaction of the year for the financing of a water power plant.

In short, can we retain SGCI S1-201 results: a dynamic business of 424,500 customers with 11% compared to that of 2018, as well as revenue growth in net growth of +19% benefiting from a growth in GNP of the order of +15%. Average customer deposits reached 22% while customer loans posted a rate of 19%.

Regarding the appreciation of the SGCI price on the stock market, since the beginning of the year, sgci shares have moved by +14% against -16% for the BRVM index at the end of September 2019. Sgci shares are the 3rd best performance of the year with +14% and the 4th market capitalization of about 271 billion CFA francs.

It should be noted that this session of presentation of the financial results of the first half of 2019 of the SGCI, was moderated by the Director General (DG), Aymeric Villebrun, who was helped in this task by his deputies, Marc Giugni, DGA Corporate Clients, Adama Ouattara, CEO of Resources and Ludvine Hubert, CEO of Legal and Financial Affairs.