SGBCISociété Générale de Banques en Côte d'Ivoire (Abidjan, Cote d'Ivoire Ivory Coast)
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Under the proposed terms of the Facility, SGBCI will lend to SMEs that satisfy certain criteria set by IFC.
SGBCI s current SME portfolio entails exposures to the following sectors: wholesale trade, construction, transportation related services and retail.
Major banks like SGBCI (a subsidiary of Societe Generale) and BICICI (the Banque Nationale de Paris's affiliate) are also affected by reduced business for international trade-related services such as letters of credit and guarantees.