The Group is pursuing a profitable growth policy based on the selective development of its core activities through a combination of organic growth and acquisitions, and is drawing on a strong capacity for innovation geared towards satisfying its customers.
The staff strength of different entities in India are:
| Société Générale Global Solution Centre |
1000+ |
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| Corporate & Investment Banking |
65 |
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| Asset Management |
350 |
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| Private Banking |
50 |
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| ALD Automotive |
55 |
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| SG Securities Pvt. Ltd. (Includes Newedge) |
20 |
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| Family Credit |
600 |
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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.
- Derivative and program trading products offered through brokerage arm SG Asia Securities (India).
- Target clients include select local financial institutions, Indian and multi-national corporates.
- Around 65 staff.
Click here to visit SG CIB website
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Partnership with India’s largest bank
- In 2004, SGAM entered into a partnership with State Bank of India (SBI), the country’s largest bank, taking a 37% stake in SBI Funds Management, its asset management subsidiary.
- SBI has around 14,000 branches with approximately 205,000 employees.
- SBI benefits from a strong brand, extensive network and profound knowledge of the vast and complex Indian market.
- SGAM brings its international standing and expertise in asset allocation, research, product design and risk management to the joint venture.
Click here to visit SGAM website
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- On-shore operations launched in November 2005.
- A team of 50 private bankers based in New Delhi and Mumbai.
- Comprehensive and dedicated service offering to high net worth Indian clients globally and in India.
Click here to visit SG Private Banking website
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- ALD Automotive is one of the largest Operating Lease and Fleet management companies in the world.
- ALD Automotive has been fully operational in India since July 2005 with headquarter in Mumbai and regional offices in Delhi, Bangalore and Hyderabad.
- In a short span of time in India, ALD Automotive has successfully partnered with an impressive list of corporates.
- Over 55 staff.
Click here to visit ALD Automotive website
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- Started its joint venture in India.
- Main product is cash feature arbitration.
- Other activities include:
- Setup of Financial Investment in India.
- Investment in Indian IPOs.
- Program trading.
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- Family Credit is a part of Consumer Finance (Specialized Financial Services) in Société Générale.
- It is headquartered in Kolkota and was renamed to
Family Credit in June 2007.
- It provides:
- New car financing.
- Used car financing.
- Two wheeler financing.
- Small tickets personal loan.
Click here to visit Family Credit website
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- Société Générale and Indiabulls Financial Services Limited(IBFSL), one of the India's largest financial services companies, have signed the final agreement aimed at creating a life insurance joint venture in India.
- The entity will be operational by end of 2008.
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