SGBF trains its customers in its optimal use

Societe Generale Burkina Faso (SGBF) organized a training workshop on mastering Foreign Exchange for the benefit of its customers on Monday February 27, 2023 in Bobo-Dioulasso. This strengthening of capabilities aims to optimize the use of Foreign Exchange through compliance with defined standards by the Ministry of Finance and monetary institutions. « Better understand the … Read more

Simultaneous withdrawal of money from multiple customers causes Silicon Valley Bank to fail

Silicon Valley Bank (SVB), an American bank specializing in venture capital, was administratively closed on March 10, 2023 by the Federal Deposit Insurance (FDIC). A bankruptcy caused by an attempt to simultaneously withdraw money from several bank customers. The failure of Silicon Valley Bank (SVB) can be explained by a series of events associated with … Read more

The World Bank takes “good note” of the concerns of the transitional government

The Prime Minister, Me Apollinaire Kyelem de Tambela, granted an audience to Maïmouna Mbow Fam, the resident representative of the World Bank in Burkina Faso, this Monday, March 13, 2023 in Ouagadougou. «It was first a courtesy visit because since his appointment as Prime Minister, the World Bank has not had the opportunity to meet … Read more

SGBF enlightens its clients on Factoring and Reverse Factoring solutions

Societe Generale Burkina Faso (SGBF) spoke with its customers about the Factoring and Reverse Factoring system during a workshop held this Thursday, February 23, 2023 in Ouagadougou. The regulatory framework, the advantages and the illegibility conditions were explained to the participants. The Transitional Legislative Assembly (ALT) adopted in its session of 13/06/2022/ the law N°006-2022/ALT … Read more