The managers of Société Générale Côte d'Ivoire (SGCI) announced that the institution's net income increased by 4.8% in the first quarter of 2021 compared to the same period of 2020. This increase is estimated at 5%.

The net income of the Abidjan-based company increased from 14.134 billion FCFA in the first quarter of 2020 to 14.809 billion FCFA in the first quarter of 2021, an increase of 675 million FCFA in absolute value. Net banking income (GNP) also saw a positive evolution of 9.4% to 43.617 billion FCFA against 39.884 billion FCFA in the first quarter of 2020. As for the pre-tax result, it came to 17.842 billion CFA francs at the end of the quarter under review while it amounted to 17.029 billion CFA francs at 31 March 2020 (+4.8%).