Tuesday, 6 October 2026

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Attijariwafa’s acquisition of Societe Generale likely to be ratings neutral; Ghana’s banking environment healthy – Fitch

According to the UK-based firm, Société Générale Ghana had assets of less than US$1 billion, or around 1.0% of AWB’s total assets and 11% of its total equity, at end-2025, and its small size compared to AWB means the acquisition is unlikely to materially increase AWB’s exposure to the rest of Africa or pressure its capital ratios.

Attijariwafa’s acquisition of Societe Generale likely to be ratings neutral; Ghana’s banking environment healthy – Fitch

According to the UK-based firm, Société Générale Ghana had assets of less than US$1 billion, or around 1.0% of AWB’s total assets and 11% of its total equity, at end-2025, and its small size compared to AWB means the acquisition is unlikely to materially increase AWB’s exposure to the rest of Africa or pressure its capital ratios.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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