Present for over 50 years in Ivory Coast, Société Générale de Banques en Côte d'Ivoire (SGBCI) is a subsidiary of Société Générale. Opened in 1962, SGBCI was founded by public authorities and international financial partners. In 1976, BRVM (Bourse Régionale des Valeurs Mobilières), the Abidjan Stock Exchange, welcome SGBCI as one of the first companies whose title was admitted to rating.
Fast forward to present time and SGBCI has over 67 outlets and around 1200 employees in Ivory Coast. Present for over 50 years in the country, SGBCI operates with two subsidiaries, Sogespar and Sogebourse. A limited company with a board of directors, Sogespar is primarily dedicated to the management of collective investment in transferable securities in the financial market. Its main investment philosophy is to exploit the opportunities that arise such as dividends, interest and capital gains. The second subsidiary, Sogebourse, is the shareholder of the Regional Stock Exchange Securities and Central Depository/Settlement Bank.
As of 2014, SGBCI's total assets ranked $1.3 billion and its net profit totaled $46.3 million.