SGSS expands custody reach to Ghana
17 June 2013 Ghana
Image: Shutterstock
Building on its custody services offer in sub-Saharan Africa, Societe Generale Securities Services (SGSS) announced that it is setting up in Ghana.
SGSS will provide custody of Ghanaian equities and bonds and a comprehensive foreign exchange and cash management service to a clientele of Ghanaian and foreign investors, frontier market funds and other players looking for increased exposure to the Ghanaian market.
“Clients benefit from the local knowledge and expertise of a dedicated SGSS team located within SG-SSB, a subsidiary of Societe Generale group, which is directly linked to the pan-African integrated services platform developed by SGSS in South Africa,” said a statement from the firm. The platform will be deployed in other African countries in due course.
This new activity further strengthens SGSS’ presence on the African continent, where, in addition to South Africa, it is also present in Morocco, and Tunisia.
SGSS will provide custody of Ghanaian equities and bonds and a comprehensive foreign exchange and cash management service to a clientele of Ghanaian and foreign investors, frontier market funds and other players looking for increased exposure to the Ghanaian market.
“Clients benefit from the local knowledge and expertise of a dedicated SGSS team located within SG-SSB, a subsidiary of Societe Generale group, which is directly linked to the pan-African integrated services platform developed by SGSS in South Africa,” said a statement from the firm. The platform will be deployed in other African countries in due course.
This new activity further strengthens SGSS’ presence on the African continent, where, in addition to South Africa, it is also present in Morocco, and Tunisia.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
.jpg)