{"id":179983,"date":"2024-05-08T16:43:32","date_gmt":"2024-05-08T16:43:32","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/05\/08\/reports-of-exit-from-ghana-didnt-come-from-us\/"},"modified":"2024-05-08T16:43:32","modified_gmt":"2024-05-08T16:43:32","slug":"reports-of-exit-from-ghana-didnt-come-from-us","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/05\/08\/reports-of-exit-from-ghana-didnt-come-from-us\/","title":{"rendered":"Reports of exit from Ghana didn&#8217;t come from us"},"content":{"rendered":"<p><\/p>\n<div>\n<p>French Bank Soci\u00e9t\u00e9 G\u00e9n\u00e9rale has dismissed rumours suggesting its withdrawal from the Ghanaian banking sector, describing them as baseless speculation.<\/p>\n<p>The bank clarified that it is restructuring its operations to better align with international market dynamics.<\/p>\n<p>Addressing concerns raised by shareholders regarding the alleged departure during the 44th Annual General Meeting, Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\u2019s Managing Director, Hakim Ouzzani, emphasized that the reports were not originating from the bank itself.<\/p>\n<p>\u201cSome rumours have indeed taken root regarding SG Ghana. But it\u2019s important to mention to all our stakeholders and our shareholders that the news item being circulated in the media was not issued by the group nor by SG Ghana.<\/p>\n<p>\u201cWe don\u2019t want to comment further. But really, I insist on the papers is not by SG, it is not by SG Ghana,\u201d he stated.<\/p>\n<p>Widely circulated reports have indicated that Soci\u00e9t\u00e9 G\u00e9n\u00e9rale was exiting the Ghanaian banking sector after 20 years.<\/p>\n<p>Soci\u00e9t\u00e9 G\u00e9n\u00e9rale recently finalized deals with Saham Group to offload its Moroccan operations. In 2023, it was divested from several African countries, including Congo, Equatorial Guinea, Mauritania, Burkina Faso, and Chad.<\/p>\n<p>Citing its long-standing presence in Africa, Soci\u00e9t\u00e9 G\u00e9n\u00e9rale aims to focus its resources on markets where it can assert itself as a leading bank, aligning with its overarching strategy outlined on its website on April 12, 2024.<\/p>\n<hr\/>\n<p><em><strong>Explore the world of impactful news with CitiNewsroom on WhatsApp!<\/strong><\/em><\/p>\n<p><em><strong>Click on the link to join the Citi Newsroom channel for curated, meaningful stories tailored just for YOU:\u00a0https:\/\/whatsapp.com\/channel\/0029VaCYzPRAYlUPudDDe53x<\/strong><\/em><\/p>\n<p><em><strong>No spams, just the stories that truly matter! #StayInformed #CitiNewsroom #CNRDigital<\/strong><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>French Bank Soci\u00e9t\u00e9 G\u00e9n\u00e9rale has dismissed rumours suggesting its withdrawal from the Ghanaian banking sector, describing them as baseless speculation. The bank clarified that it is restructuring its operations to better align with international market dynamics. Addressing concerns raised by shareholders regarding the alleged departure during the 44th Annual General Meeting, Soci\u00e9t\u00e9 G\u00e9n\u00e9rale\u2019s Managing Director, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":179984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-179983","post","type-post","status-publish","format-standard","has-post-thumbnail","category-local-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Reports of exit from Ghana didn&#039;t come from us - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2024\/05\/08\/reports-of-exit-from-ghana-didnt-come-from-us\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reports of exit from Ghana didn&#039;t come from us - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"French Bank Soci\u00e9t\u00e9 G\u00e9n\u00e9rale has dismissed rumours suggesting its withdrawal from the Ghanaian banking sector, describing them as baseless speculation. The bank clarified that it is restructuring its operations to better align with international market dynamics. 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