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SocGen Securities Services wins four pension fund mandates in Serbia.

Global Banking News-June 3, 2014--SocGen Securities Services wins four pension fund mandates in Serbia

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Global Banking News - 03 June 2014

Societe Generale Securities Services (SGSS), a part of France's Societe Generale SA (SocGen) (SOGN.PA) (OTC: SCGLY) (GLE.FR) in Serbia, has been mandated by four major Serbian pension funds to act as their custodian and depositary bank.

The new and mandates are from Delta Generali Basic, Delta Generali Index, DDOR Garant Stednja and DDOR Garant Ekvilibrio.

With over 37 years' experience, SGSS provides financial services to corporations, financial institutions and the government. From offices located in Belgrade, SGSS offers domestic and international clients in Serbia a broad range of securities services, including settlement, custody and trustee services and fund administration services.

'These four mandates clearly position SGSS as a leader in the pension funds market in Serbia and show our commitment to the Serbian market,' said Pascal Jacquemin, deputy head of the International Department at SGSS. 'They are a further step in SGSS' strategy to become a major securities services player in Central and Eastern Europe, a region which is undergoing rapid growth, where it is already one of the leading market providers for pension funds'.

[Editorial queries for this story should be sent to gbn@enpublishing.co.uk]

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Publication:Global Banking News (GBN)
Date:Jun 3, 2014
Words:226
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