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Société Générale Côte d'Ivoire: 12% increase in net profit in the 3rd quarter

07/11/2025
Source : ORISHAS FINANCE
Categories: Sectors

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The activity report of Société Générale Côte Ivory Coast (SGCI) published on Wednesday October 29, 2025 mentions an increase of 12% of its net profit in the third quarter of 2025, to 83.3 billion CFA francs ($146.8 million). This increase is supported by rigorous management. costs and a solid commercial dynamic.

Net banking income grew by 2.5% to 200.9 billion CFA francs, while operating expenses fell by 2.7% to 75.1 billion, thus improving efficiency. The gross result operating income reached 125.9 billion CFA francs, up by 5.9%, and pre-tax income increased by 10.9% to $103 billion. The deposits of the customers increased by 13.9% to 2.94 trillion CFA francs, bringing the credit/deposit ratio at 84.6%. The cost of risk increased slightly by 1.4% to 26.3 billion, while remaining under control.

The good results of Societe Generale Côte d'Ivoire in the third quarter confirms its position of market leader in the competitive banking landscape of Côte d'Ivoire. La rigorous cost management and the successful digital investments of the Banks supported earnings growth despite modest expansion revenue. The sharp rise in deposits underlines the growing confidence of customers, while a stable loan portfolio reflects prudent management credit in a context of macroeconomic uncertainty

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