Societe Generale opens Shanghai FTZ branch

By Feng Jianmin | January 22, 2015, Thursday |

Online Edition

SOCIETE Generale China today announced the opening of Shanghai Free Trade Zone sub-branch, focusing on servicing both Chinese and overseas corporates and financial institutions with cross-border financial needs through the pilot zone.

According to the plans and regulations of the Shanghai FTZ, the new sub-branch will offer a wide range of banking services, such as yuan and foreign currency cash management, trade finance, merger and acquisition, foreign exchange, interest rate and commodities hedging and financial derivatives, Societe Generale China said in a statement.

The bank said it will leverage on Societe Generale Group’s global networks and expertise in cross-border transactions, with particular focuses on commodities trading and financing, cross-border cash management and trade finance capabilities.

The outlet is located at No. 26, Jiafeng Rd, Pudong New Area, and will be a sub-branch under Societe Generale China Shanghai Branch.

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Societe Generale opens Shanghai FTZ branch

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