Societe Generale CI's financial performance in 2020 is worrying. The Bank could end at least 4 years of double-digit growth in its net banking income (GNP), the equivalent of revenue from sales of services in the banking sector.

The presentation of the results of the 2020 financial year published by its parent company based in France reveals that the leading institution in Côte d'Ivoire in terms of customer credit achieved a GNP of 240 million euros, or 157.43 billion FCFA.
GNP is up 4.7% compared to 2019 which was CFAF 150.3 billion. This figure is difficult to confirm at the local level at the moment, because Societe Generale Côte d'Ivoire like many companies on the Abidjan Regional Stock Exchange (BRVM) does not publish its annual results at the earliest.
According to figures published by the company, GNP is up 11% compared to 2019.  Investors who target this value on the BRVM will be attentive to the final net result and especially to the announcement of dividends. Recall that in the first half of 2020, its net profit increased by only 1%.