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