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First half of 2025:10% increase in profits for Société Générale CI

03/09/2025
Source : ORISHAS FINANCE
Categories: Sectors

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For the first half of 2025, The Company Générale Côte d'Ivoire recorded a net profit of 53 billion francs CFA (89.3 million dollars), up 10% compared to the year previous.

Société Générale Côte d'Ivoire, listed on the BRVM, recorded a net profit of 53 billion CFA francs (89.3 million dollars) in the first half of 2025. The Ivorian subsidiary of the banking group French holds nearly 19% of the local credit market and 15% of deposits.

Net banking income grew by 1% to 132 billion CFA francs, the increase in the net interest margin having been offset by a 9.5% drop in commissions. Operating expenses fell by 3.9%, which improved the operating coefficient by 38.9%.

Customer deposits increased by 9% to 2,935 billion CFA francs, bringing the total of assets at 3,724 billion CFA francs (+6%). Net loans fell by 3% %, but the loan-to-deposit ratio improved to 82%. The Society Générale CI ended the semester with a solvency ratio of 17.7%, higher than the regulatory minimum.

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