Our entities in India
Société Générale in India is represented by:
Société Générale Corporate & Investment Banking (The Bank)
• Present in India since 1978 with a representative office in New Delhi.• First branch opened in Mumbai in 1985, currently a 2 branch network (Mumbai + New Delhi).
• Extensive range of commercial banking operations in Indian Rupee.
• Target clients include select local financial institutions, Indian and multi-national corporates.
• Around 65 staff.
SG Asia Holdings India Pvt. Ltd. (Part of SGCIB)
• This brokerage arm offers Equity Derivatives and program trading products.• Member of National Stock Exchange and Bombay Stock Exchange for Cash and Future & Option segment.
• Offers execution and clearing services.
• Main product is Cash Future Arbitrage for clients.
• Other activities include (assisting in):
o Set- up of FIIs in India.
o Set- up of products related to Capital market in India, Investments in Indian IPOs, Business Development and Program trading
Asset Management Joint-Venture with State Bank of India (SBI)
Société Générale Asset Management, subsidiary of the Société Générale Group, has €262bn of assets under management as at June 30, 2009.In 2004, SGAM entered into a partnership with SBI, the country’s largest bank, taking a 37% stake in SBI Funds Management, its asset management subsidiary. SBI MF is one of the top players in the fast growing Asset Management market.
· On-shore operations launched in December 2005.
· A team of 50 private banking professionals based in New Delhi and Mumbai.
· Comprehensive and dedicated service offering to high net worth Indian clients globally and in India.
· ALD Automotive is one of the largest Operating Lease and Fleet management companies in the world and manages over 750,000 cars across the world.
· ALD Automotive has been fully operational in India since July 2005 with headquarters in Mumbai and regional offices in Delhi, Bangalore, Hyderabad, Pune and Chennai.
· In a short span of time in India, ALD Automotive has successfully partnered with more than 300 corporate customers and manages over 5500 vehicles in more than 150 locations across the country. It has already established itself as one of the leading players in the industry.
· Over 55 staff.
• Centre of excellence driving product and process innovation in information technology & Business Processes.
• Created in 2000 in Bangalore, India’s Silicon Valley, as a dedicated software development and service centre.
• 850 staff currently provide services encompassing projects in application development & maintenance, operating administrative processes, Financial accounting, Performance Management and IT consultancy to Société Générale’s business lines around the world.
• Societe Générale Global Solution Centre is a subsidiary of Société Générale; all its staff are employees of the bank, sharing a long term perspective and developing global best practices to promote Société Générale’s strategic objectives.SG GSC has an ISO Certification for compliance with the ISO 9001 standards.
• FamilyCredit is the Indian wing of Société Générale Consumer Finance (a part of Specialized Financial Services), mandated to undertake Consumer Loan Activity in India.
• The brand FamilyCredit was born out of an acquisition of an Indian retail loan company and re-started production in May 2007. The company is headquartered in Kolkata and has 52 branches across the country.
• The branches are spread across 10 states with East and South region of the country having 35 branches.
• People - 3000 (Including Fleet on street),Customers - 110,000.
• Products:
• New and Used Car Loans.
• Two-Wheeler Loans.
• Personal Loans.
