Societe Generale awarded Best Bank for Cash & Liquidity Management and for Trade & Supply Chain in the Middle East and Africa by TMI

02/02/2024

On 5th February 2024, the magazine Treasury Management International announced the winners of the 2023 TMI Awards. Societe Generale is proud to have won the awards Best Bank for Cash & Liquidity Management and Best Bank for Trade & Supply Chain for the regions Middle East and Africa.

Innovation is part of our DNA, we continue to invest in building innovative solutions together for our clients and continually excel in our core business, cash and liquidity management, but also at the scale of Trade Finance andSupply Chain.
These awards demonstrate the commitment of our teams in the various areas of expertise in cash management & liquidity and trade finance & supply chain.
These awards are linked to the roll-out of programs that have resulted in:

•    The digitalisation of our services in Cash management, making it easier and easier to monitor real-time transactions on various devices (mobile and desktop). Societe Generale offers an application that meets the speed and efficiency challenges inherent in a highly competitive environment (cf. MyBusiness, an intuitive platform launched in several African subsidiaries)
•    Supporting our clients with tailor-made solutions like reverse factoring to solidify and strengthen their economic fabric in order to sustain SME’s growth with flexible and tailor made solutions
•    The launch of IT modules for the Finance Supply Chain, allowing the automation of pre-financing and management systems and promoting the integration of multi-site and international clients 
•    Expanding innovative and sustainable financing mechanisms to generate high-impact actions in various areas in Africa

TMI magazine has been organizing these awards for over ten years and they have been established as a benchmark of quality for the cash management profession. They aim is to recognise experts who go above and beyond to advance cash management on a global scale.
Congratulations to the teams for their outstanding work and a big thank you to our clients for their trust.”