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About: Société financière française et coloniale     Goto   Sponge   NotDistinct   Permalink

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The Société financière française et coloniale (SFFC, "French and Colonial Financial Company") was a French investment bank that was an active investor in colonial ventures, particularly in the 1920s. It was founded in 1920 by financier Octave Homberg, who led it until having to leave in stages in 1930-1931 following heavy losses. In 1949, the SFFC changed its name to Société financière pour la France et les pays d'Outre-Mer (SOFFO, "Financial Company for France and Overseas Lands"), which eventually merged into investment company Suez Industrie in 1998.