Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Societe Generale agrees to sell local unit to State of Cameroon
    Headlines

    Societe Generale agrees to sell local unit to State of Cameroon

    Published by Global Banking & Finance Review®

    Posted on July 15, 2025

    1 min read

    Last updated: January 22, 2026

    Societe Generale agrees to sell local unit to State of Cameroon - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:financial communitycorporate governanceinternational financial institution

    Quick Summary

    Societe Generale has agreed to sell its Cameroon subsidiary to the State of Cameroon, increasing the government's stake to 83.7%.

    Societe Generale to Divest Its Cameroon Subsidiary to Government

    (Reuters) -Societe Generale has agreed to sell its Cameroon subsidiary to the State of Cameroon, the France-based international banking group said on Tuesday.

    The sale, for which the price was not disclosed, will cover more than 58% shares in the subsidiary, pushing the stake held by Cameroon to 83.7%.

    (Reporting by Mateusz Rabiega in Gdansk, editing by Milla Nissi-Prussak)

    Key Takeaways

    • •Societe Generale sells its Cameroon subsidiary to the government.
    • •The sale increases Cameroon's stake to 83.7%.
    • •The transaction details, including price, remain undisclosed.
    • •This move is part of Societe Generale's strategic divestment.
    • •The sale was reported by Reuters.

    Frequently Asked Questions about Societe Generale agrees to sell local unit to State of Cameroon

    1What did Societe Generale agree to sell?

    Societe Generale has agreed to sell its Cameroon subsidiary to the State of Cameroon.

    2What percentage of shares is being sold?

    The sale will cover more than 58% of shares in the subsidiary.

    3What will be the total stake held by Cameroon after the sale?

    After the sale, the stake held by Cameroon will increase to 83.7%.

    More from Headlines

    Explore more articles in the Headlines category

    Image for New Zealand to hear Christchurch mosque shooter's appeal against sentence
    New Zealand to hear Christchurch mosque shooter's appeal against sentence
    Image for Ukraine imposes sanctions on foreign suppliers of components for Russian missiles
    Ukraine imposes sanctions on foreign suppliers of components for Russian missiles
    Image for Russia says man suspected of shooting top general has been detained in Dubai
    Russia says man suspected of shooting top general has been detained in Dubai
    Image for UBS banked Ghislaine Maxwell for years, moving her money after Epstein's arrest
    UBS banked Ghislaine Maxwell for years, moving her money after Epstein's arrest
    Image for Indian refiners avoid Russian oil in push for US trade deal
    Indian refiners avoid Russian oil in push for US trade deal
    Image for Australia's opposition coalition reunites after split over hate laws
    Australia's opposition coalition reunites after split over hate laws
    Image for Thailand votes in three-way race as risk of instability looms
    Thailand votes in three-way race as risk of instability looms
    Image for Japan's Takaichi aims for blizzard of votes in rare winter election
    Japan's Takaichi aims for blizzard of votes in rare winter election
    Image for Rugby-England to persist with lateral thinking as Pollock and Earl spread their wings
    Rugby-England to persist with lateral thinking as Pollock and Earl spread their wings
    Image for Avalanches in Italy kill three off-piste skiers in Winter Olympics regions
    Avalanches in Italy kill three off-piste skiers in Winter Olympics regions
    Image for Rugby-Ford shines as England overwhelm dismal Wales
    Rugby-Ford shines as England overwhelm dismal Wales
    Image for Soccer-Arsenal go nine points clear, Man Utd win again under Carrick
    Soccer-Arsenal go nine points clear, Man Utd win again under Carrick
    View All Headlines Posts
    Previous Headlines PostFrance's PM wants to scrap two public holidays to help fix government finances
    Next Headlines PostNetanyahu under mounting political pressure after party quits