SSNIT raises stake in Société Générale Ghana
The Social Security and National Insurance Trust (SSNIT) has increased its stake in Société Générale Ghana to 24.36 per cent. The post SSNIT raises stake in Société Générale Ghana appeared first on Ghana Business News .
The Social Security and National Insurance Trust (SSNIT) has increased its stake in Société Générale Ghana to 24.36 per cent, acquiring an additional five per cent. This move comes as Société Générale exits the Ghanaian market, with Attijariwafa Bank acquiring a 55.22 per cent stake in the subsidiary. SSNIT's increased investment in the bank aims to strengthen domestic ownership of a major financial institution and benefit Ghanaian workers, pensioners, and institutions.
The Trust expressed appreciation to the government and regulatory bodies for their support in securing the additional stake and completing the transaction.
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