Societe Generale Ghana Limited, previously known as Société Générale – Social Security Bank (SG-SSB) has once again made changes to its name.
In a circular to its shareholders, customers and the general public, the bank noted that its name had been changed from Societe Generate Ghana Limited to Societe Generale Ghana PLC.
Further noting, the change in name had been effected since November 23, 2020, and that the bank should now be referred to by its new name.
The change in name from a Limited Company to a Public Limited Company (PLC), according to the bank is in compliance with the provisions of the Companies Act 2019 (Act 992) which requires that all public companies limited by shares must have the words Public Limited Company or its abbreviation “PLC” as a suffix to their registered name.
Societe Generale Ghana PLC is part of the Société Générale banking group; a French multinational investment bank and financial services company.
Societe Generale Ghana PLC is listed on the Ghana Stock Exchange.
Read below details of the circular;
We hereby notify our cherished customers, service providers, shareholders and the general public that effective 23rd November 2020 our name changed from Societe Generate Ghana Limited to Societe Generale Ghana PLC and as such our Company should be referred to as Societe Generate Ghana PLC.
The name change is in compliance with the provisions of the Companies Act 2019 (Act 992) which requires that all public companies limited by shares must have the words Public Limited Company or its abbreviation “PLC” as a suffix to their registered name.
Kindly note that this name change has no impact on the Bank’s operations, existing contractual arrangements, products and services. Societe Generate Ghana’s brand identity, address, contact information and all other corporate details also remain the same.