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SOCIETE GENERALE LAUNCHES PRIVATE BANKING IN INDIA.
NEW DELHI, Dec 1 Asia Pulse - Expecting the Indian economy to sustain 7-9 per cent growth, leading French bank Societe Generale on Wednesday lauched a private banking facility to tap US$560 billion assets of the growing sector of wealthy Indians.
SG Private Banking, the private wealth management arm of Societe Generale, will start operations in Delhi and Mumbai. It will also tap High Networth Individuals (HNI) in Chennai and Bangalore.
"India is a promising wealth services market. As a global financial institution with robust networth both in onshore and offshore markets and integrated worldwide, we will give best wealth maagement services to Indians," S G Private Banking chief executive Pierre Mathe told reporters here.
He said SG Private Banking would strive to be a key player in the Indian market and aims to outsmart the 20 per cent ...
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Source: HighBeam Research, SOCIETE GENERALE LAUNCHES PRIVATE BANKING IN INDIA.