Sogebank
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | April 26, 1986 |
| Headquarters | Autoroute de Delmas Port-au-Prince, Haiti |
Key people | Robert Moscoso (Chairman and CEO) |
| Revenue | US$ 81.1 million (2016) |
| US$ 16.5 million (2015) | |
| Total assets | US$ 1.098 billion (2016) |
Number of employees | 2,307 (2016) |
| Website | sogebank.com |
Sogebank, formally known as Société Générale Haïtienne de Banque, S.A. (Haitian Banking Corporation), is one of Haiti's three largest commercial banks. It was formed on April 26, 1986, when the Royal Bank of Canada sold its Haiti-based operations to a group of Haitian investors.[1] It acquired Banque intercontinentale de Commerce (BIDC) in November 1998 and the failing Banque de Promotion commerciale et industrielle (Promobank) in September 2006.
Sogebank currently has 42 branches located throughout the country in the major cities as well as several solely in Port-au-Prince. The main Sogebank building is located in the capital on the main road of Delmas. Nowadays, the Sogebank Group includes seven subsidiaries each concerning a separate branch of banking transactions and a foundation:
- Sogebank (Commercial bank)
- Sogebel (Building society)
- Sogesol (Microcredit)
- Sogecarte (Credit card issuer)
- SogeXpress (Money transfer)
- Sogefac (Consumer finance)
- SogeAssurance (Insurance)
- Fondation Sogebank (Philanthropy)
Debit card outage
In late 2024, Sogebank suspended international transactions on its Visa debit cards, leaving thousands of customers unable to access funds for overseas and online payments for several weeks.[2] The bank attributed the disruption to service improvements, while reports indicated that technical and security issues, including cyber incidents, may have contributed to the prolonged outage, which continued into early January 2025 without a clear timeline for resolution.[2]
References
- ^ Jose Flécher (2025-01-03). "Holiday cash crisis: SOGEBANK freezes global debit card use since November". The Haitian Times. Retrieved 2025-12-19.
- ^ a b José Flécher (2025-01-03). "Crise de trésorerie pendant les fêtes : la SOGEBANK bloque l'utilisation des cartes de débit dans le monde entier depuis novembre" [Holiday cash crisis: SOGEBANK freezes global debit card use worldwide since November]. The Haitian Times (in French). Retrieved 2025-12-19.