Societe Generale took over majority package of stocks of Rosbank

Source: eKapija Thursday, 01.01.1970. 16:18
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Societe Generale Bank announced the takeover of 50% plus one stock of Rosbank on February 13th.

Rosbank is the second largest "retail" bank in Russia. It has 600 offices in Russia and 16,000 employees who serve more than 3m individual and about 7,000 corporate clients.


The network of Rosbanka covers 90% of the territory of Russia and it is present in all regions and big cities.

With the takeover of Rosbanka, Societe Generale Bank becomes the most significant foreign banking group in Russia and it also strengthens its position on the market of central and east Europe, which is of strategic importance to the operations of the group.
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