# Attijariwafa Buys 55% of Société Générale Ghana

> Moroccan bank Acquires 55% Stake in Ghanaian Bank.
- Title: Attijariwafa Buys 55% of Société Générale Ghana | Shortify
- Summary: Moroccan bank Acquires 55% Stake in Ghanaian Bank. Attijariwafa Bank of Morocco will buy 55.22% of Société Générale Ghana, with Ghana’s state pension fund…
- Keywords: attijariwafa, société générale ghana, ssnit, bank of ghana, ghana, morocco, pan-african banking, financial deal, news, world, politics, Buys
- Source: The Rio Times — https://riotimesonline.com/attijariwafa-buys-societe-generale-ghana-stake-2026
- Author: Samuel Ncube
- Published: 2026-10-03T13:27:33+00:00
- Read time: 1 min
- Topics: attijariwafa, société générale ghana, ssnit, bank of ghana, ghana, morocco, pan-african banking, financial deal, news, world, politics
## Deal Announcement
Moroccan bank Attijariwafa agreed to buy 55.22% of Société Générale Ghana, with Ghana’s state pension fund SSNIT taking 5%.
## Current Stake
Société Générale Ghana’s 60.22% stake is being sold, raising SSNIT’s holding from 19.36% to 24.36%.
## Bank Details
Société Générale Ghana has 40 branches across 24 cities and 500 employees, with 2025 net profit of GH¢397 million.
## Customer Impact
Banking operations continue normally as the deal awaits Bank of Ghana approval, with no changes to accounts yet.
## Why Moroccan Bank?
Attijariwafa, strong in French-speaking Africa, aims to expand into English-speaking regions with confidence in Ghana’s economic growth.
## What’s Next?
The deal requires Bank of Ghana approval and a price disclosure before ownership transfers to Attijariwafa.
## Customer Safety
Analyst Dr Richmond Atuahene says deposits remain as safe as with previous banks, with no immediate disruptions.

> as safe as it was with SG and as it was with Social Security Bank
## Unanswered Questions
Price, closing date, minority shareholder treatment, and the Société Générale name remain undisclosed as the deal awaits approval.
## Key takeaway

Attijariwafa Bank of Morocco will buy 55.22% of Société Générale Ghana, with Ghana’s state pension fund SSNIT taking 5% as the deal awaits Bank of Ghana approval.