Societe Generale Moçambique: Best Banking Team Moçambique 2023


In 2015, France’s Societe Generale inked an agreement acquiring a stake in Mauritius Commercial Bank Mozambique and went on to establish Societe Generale Moçambique. This move reinforced the notion that large African companies and multinationals present in the continent had increasingly sophisticated banking needs and often required the expertise of more mature economies. Our winner is now the leading commercial bank in the country and has a keen and successful focus on retail, corporate and investment banking. It has a substantial network of branches and boasts excellent online and mobile banking services. According to the judging panel, “Societe Generale Moçambique has supported the growth of the national economy as an important partner to government and the nation’s businesses. Its financial performance is good and customer service here is exemplary. The Bank is to be congratulated on assembling a very strong and loyal team of skilled professionals that has a deep and comprehensive understanding of the market”. The team has worked diligently on a new business plan which is taking Societe Generale Moçambique to another level.  The Bank is a devoted corporate citizen and has done much to help its host communities, notably offering support to young children. CEO Ridha Tekaia insists that the Bank wants to be part of the solutions for communities by helping those who need it most. The panel congratulates the Societe Generale Moçambique team and, without hesitation, confirms the 2023 award Best Banking Team (Moçambique).