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Société Générale SA

09/16/2020 | Press release | Distributed by Public on 09/16/2020 08:57

Societe Generale Securities Services partners with Société Générale Cameroun

Societe Generale Securities Services (SGSS) extends its securities custody and issuer services offer in Africa with the support of Société Générale Cameroun, the Group's subsidiary.

Present in the country for over 50 years, Société Générale Cameroun is a leading player in Cameroon's

banking market that also offers numerous financial services within the Central African Economic and

Monetary Community (CAEMC1).

This new securities services platform will allow the bank to strengthen its activities aimed at a local

and international client base of institutional investors and to develop its offering on CAEMC

markets.

Société Générale Cameroun and SGSS will now provide securities custody services from this local

platform. Connected to the SWIFT interbank network, the objective is to offer the best international

standards in terms of managing instructions and securities operations. A dedicated issuer service for

Cameroonian businesses is also available.

This enhanced offer will use the knowledge of Societe Generale's local teams and SGSS' securities

expertise to provide the best custody solutions.

The expansion of these services to Cameroon further enhances SGSS' footprint in Africa, as it already

provides its services in Morocco, in Tunisia and in the West African Economic and Monetary Union (WAEMU2).

Press contacts:

Paris: Adrien Billet +33 (0)1 42 14 66 83 [email protected]

London: Clare Milton +44 20 7597 3284 [email protected]

Notes to editors

1 The six CAEMC member states are: Cameroon, Central African Republic, Republic of the Congo, Gabon,

Equatorial Guinea and Chad.

2 The eight WAEMU member states are: Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and

Togo