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Société Générale de Banques in Côte d'Ivoire: Bloomfield Investment grants an AA+ AA+ rating

15/02/2024
Categories: Companies

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The Bloomfield Investment rating agency has granted an AA+ AA+ rating to Société Générale de Banques en Côte d'Ivoire, a stable outlook. In the long term, it obtained an A1 A1 grade.

Société Générale Côte d'Ivoire (SGCI) is a public limited company with a Board of Directors, created on November 23, 1962. It has a banking license under the number A. 0008D. It has also been listed on the BRVM under the approval number TCC-02/99, since September 16, 1998. The long-term rating reflects the very high credit quality. The protective factors are very strong. Adverse changes in business, economic or financial conditions will increase investment risks, although in a very insignificant manner.

In the short term, it reflects the very high certainty of timely repayment. The liquidity factors are excellent and supported by good protective factors for essential elements. Risk factors are minor.

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