Société Générale Togo

What Société Générale Togo does

Société Générale Togo is a commercial bank operating as a branch (succursale) of Société Générale Bénin within Togo, headquartered at 2983 Avenue de la Libération in the Tokoin Gbadago district of Lomé. The entity operates exclusively within the Togolese market under the Société Générale group umbrella, which is ultimately owned by Société Générale S.A., a publicly listed French banking group on Euronext Paris. Société Générale Bénin serves as the regional parent structure, with registered capital of €958,618,482.50 across 766,894,786 shares as of November 6, 2025.

The bank offers a comprehensive suite of retail and corporate banking products. Core offerings include business checking accounts (Compte Chèque Société), savings products (Dépôt à Terme/DAT term deposits and Compte à rente annuity accounts), and digital banking platforms: SOGECASH NET for remote account management and MYBUSINESS for business clients. Financing products span medium-term credit for movable property and real estate, working capital facilities (overdrafts, spot credits, campaign credits, discounting, advances on contracts), and signature-based guarantees (aval sur traite, market/tax/customs bonds). Trade finance services include documentary credits, documentary collections, standby letters of credit, and foreign exchange risk coverage solutions. Supporting infrastructure includes SWIFT international transfers, TPE (Electronic Payment Terminal) merchant acquiring, and Verified by VISA 3D-Secure authentication for online card payments.

Société Générale Togo's go-to-market combines branch-based relationship banking with digital self-service channels and direct customer-advisor outreach. The bank targets four primary customer segments: SMEs/TPE-PME, individual and professional customers, import-export businesses, and public-tender contractors. Revenue is generated through interest income on lending activities, transaction and service fees (current account maintenance, SWIFT transfers, TPE subscriptions), trade finance fees, and commitment/guarantee fees on signature-based products. Pricing is personalized through advisor-led assessment rather than published standard tiers. With 42 employees and a single-country footprint, the entity functions as a focused commercial-banking subsidiary within the larger Société Générale African network.

Name

Société Générale Togo

Legal name

Société Générale Togo (Succursale de Société Générale Bénin)

Website

https://societegenerale.tg

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Société Générale Togo is a Togolese commercial bank, operating as a branch of Société Générale Bénin, offering retail and corporate banking, trade finance, digital banking (SOGECASH NET, MYBUSINESS), and merchant payment services to SMEs, individuals, professionals, and import-export businesses within Togo.

Ownership category

akta.pro rank

Headquarters

HQ city

Lomé

HQ country

Togo

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Interest Income: Revenue generated from lending activities including medium-term credit (CMT) for equipment and real estate financing, cash flow financing, and working capital facilities. Interest is charged on credit facilities such as movable property financing, real estate financing, treasury financing, and documentary credits.
2. Trade Finance Fees: Fees from documentary credits, documentary remittances, standby letters of credit, and foreign exchange risk coverage services for international trade transactions.
3. Commitment and Guarantee Fees: Revenue from signature-based commitments including aval on bills of exchange, market guarantees, tax bonds, and customs bonds.
4. Transaction and Service Fees: Fees from day-to-day banking services including current account maintenance, SWIFT international transfers, electronic payment terminals (TPE), and remote banking subscriptions.
5. Savings and Deposit Products: Revenue from term deposits (DAT) and annuity accounts (Compte à rente) where the bank deploys deposited funds into lending activities.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Société Générale Togo is a commercial bank offering business checking accounts, savings products (DAT and Compte à rente), digital banking platforms (SOGECASH NET and MYBUSINESS), trade finance instruments (documentary credits, remittances, standby letters of credit, FX risk coverage), corporate financing (movable property, real estate, working capital, signature-based guarantees), and payment services (SWIFT international transfers and TPE merchant acquiring). The bank primarily serves Togolese SMEs, professionals, and import-export businesses.

Product overview

Société Générale Togo operates as a commercial bank offering a comprehensive suite of banking products and services for business customers in Togo. The product portfolio includes core deposit products (business checking accounts, term deposits, annuity accounts), digital banking platforms (MYBUSINESS online banking and SOGECASH NET remote banking), payment services (SWIFT international transfers, electronic payment terminals), trade finance solutions (documentary credits, documentary collections, standby letters of credit, foreign exchange risk coverage), and diverse financing options (movable property financing, real estate financing, working capital facilities including overdrafts, spot credits, and campaign credits). The bank also provides guarantee services such asaval sur traite, market bonds, tax bonds, and customs bonds. The offering follows a platform-plus-services model where digital channels (MYBUSINESS, SOGECASH NET) serve as the primary interface for accessing traditional banking products.

Differentiator

Problem solved

Functional benefit

Brands

• SOGECASH NET: Remote banking service (banque à distance) offered by Société Générale Togo for account management and transactions.
• MYBUSINESS

Products and services

• MYBUSINESS Online banking platform designed for business customers to manage accounts, perform transactions, and access banking services remotely.
• SOGECASH NET Remote banking service enabling customers to access and manage their accounts via online channels without visiting a branch.
• Compte Cheque Société Business checking account designed for optimal daily account management for companies.
• Dépôt à terme (DAT) Term deposit product allowing customers to place funds and earn risk-free returns over a fixed period.
• Compte à rente Annuity account product for systematic savings with periodic returns.
• Transfert International SWIFT International wire transfer service using the SWIFT network for secure cross-border payment operations.
• Terminal de Paiement Électronique (TPE) Electronic payment terminal service for merchants to accept card-based payments at point of sale.
• Engagement par signature Bank guarantee services including aval sur traite (endorsement on bills of exchange), caution sur marchés (market bond), caution fiscale (tax bond), and caution de douane (customs bond) for businesses.
• Financement de biens mobiliers Medium-term credit facility for acquiring equipment, vehicles, or furniture with flexible repayment schedules, typically covering 60–80% of the investment.
• Financement de biens immobiliers Real estate financing for purchasing, developing, renovating, or constructing business premises with extended repayment options.
• Financement de trésorerie Working capital financing solutions including overdraft facilities, stock financing, spot credits, campaign credits, discounting, and advance on contracts.
• Trade Finance International trade financing solutions umbrella covering documentary credits, documentary remittances, standby letters of credit, and foreign exchange risk coverage for businesses engaged in cross-border trade.
• Crédit Documentaire Documentary credit service where the bank commits to pay a defined amount against compliant document presentation, securing international trade transactions.
• Remise documentaire Documentary collection service facilitating international trade transactions with documents against payment or acceptance.
• Lettre de crédit Stand By Standby letter of credit providing payment guarantee for international trade transactions.
• Solution de couverture du risque de change Foreign exchange risk coverage solution to protect businesses from currency fluctuation losses in international transactions.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature4 records

Partnerships

One partnership is on record.

• Société Générale BenincoreOthersSociété Générale Togo is a branch/subsidiary of Société Générale Benin, which is part of the Société Générale group. The bank operates under the group's brand, standards, and governance framework. The Benin entity is the parent regional structure.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• Ecobank Togo: Ecobank Togo is the local subsidiary of the Ecobank Transnational group, offering a comparable full-service commercial and corporate banking proposition (current accounts, trade finance, lending, digital channels) to SMEs and corporates in Togo. It is the most direct head-to-head competitor for SG Togo's target segments.
• BTCI (Banque Togolaise pour le Commerce et l'Industrie): BTCI is a long-established Togolese commercial bank serving local corporates, SMEs, and retail customers with deposit, lending, and trade finance products. It is one of the principal local incumbents directly comparable to SG Togo on domestic commercial banking.
• BOA Togo (Bank of Africa): BOA Togo is part of the pan-African Bank of Africa (BOA) network, offering commercial banking, SME lending, and digital services in Togo. It directly competes with SG Togo on both retail and corporate banking products in the local market.
• Banque Atlantique Togo: Banque Atlantique Togo is part of the Atlantic Financial Group (BOA group's West African network), delivering commercial banking, trade finance, and SME lending services in Togo. It directly competes for the same SME and import-export client base as Société Générale Togo.
• Access Bank Togo (formerly Diamond Bank): Access Bank Togo operates as part of the Access Holdings pan-African franchise, providing commercial and corporate banking services including trade finance and SME products. It is a direct competitor for SG Togo's corporate and SME clients in Togo.
• Coris Bank Togo (formerly Orabank Togo): Coris Bank Togo is the local subsidiary of Coris Bank International, providing corporate and retail banking with a strong focus on SMEs across West Africa. It competes directly with SG Togo on SME lending, digital banking, and trade finance in Togo.

Emerging players

• NSIA Banque Togo: NSIA Banque Togo is a relatively newer entrant in the Togolese market, backed by the NSIA Group and focused on retail and SME banking with an emphasis on digital channels. It represents the emerging competitive threat from regional banking groups expanding into Togo.

Broad incumbents

• Société Générale Côte d'Ivoire: Société Générale Côte d'Ivoire is the largest and most established SG Group subsidiary in West Africa, offering a comparable suite of corporate, trade finance, and SME banking products at significantly larger scale. It is a benchmark peer for the Togo franchise's product roadmap and digital ambition.

Others

• UGB (Union Gabonaise de Banque) / SG group Africa peer: Other Société Générale Group African subsidiaries (e.g., SG Cameroun, SG Sénégal) operate analogous commercial banking franchises with similar product sets and group-level technology platforms. They are ecosystem peers that share the same corporate parent and risk/compliance infrastructure.

Regional players

• Société Générale Bénin: Société Générale Bénin is the regional parent entity of Société Générale Togo and operates the same product playbook (lending, trade finance, digital banking) in the neighbouring Beninese market. It is a relevant peer for understanding the regional execution model and cross-border client overlap.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/societegenerale.togo
• LinkedInlinkedin.com/company/soci%C3%A9t%C3%A9-g%C3%A9n%C3%A9rale-togo

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Société Générale Togo