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| Societe General allows clients to benefit from 140 years of banking experience and prides itself on established private and professional relationships with all of its clients. SG Private Banking was established in 1997, the wealth Management arm employs close to 2,900 people located in 21 countries. |
| The Bank was originally establish in 1864 and is ranked amongst the world's top twenty five banks. It is the fifth largest bank in Europe and the eighth ranked French company in terms of stock market capitalization. It employs 163,000 people in 82 countries; it is the quality of the bank staff that sets the bank apart and their ability to build strong, long-term relationships with the discerning clients. All staff receive a very comprehensive training which equips candidates with technical excellence and a spirit of initiative, the bank insists on flawless interpersonal skills. |
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Societe General
80 Robinson Road, #25-00
Singapore
68898
Tel : 00 65 6222 7122
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| Singapore's political and legal security, an attractive tax framework and strict banking secrecy laws make the country a preferred location for private investors. Singapore has a thriving financial sector, a highly-developed economy, a transparent and corruption-free environment and stable prices. The country consistently ranks in the global top 5 of most competitive economies and most influential financial centers. |
| One of the most attractive aspects of Singapore as an offshore jurisdiction is that it has one of the lowest taxation rates in Asia. Non-residents who park their money in Singapore pay no taxes if that money is earned outside of Singapore, and investment gains earned in Singapore (from stocks for example) are also exempt from tax. Singapore is also one of the few offshore centers which was not included in the EU Savings Tax Directive in 2005, an EU initiative to exchange information on EU citizens parking money abroad for tax reasons. In Singapore, not paying taxes owed to foreign authorities is not a crime. In 2004, Singapore amended its trust laws to allow foreigners to sidestep state interference in many European countries which dictates how inheritance is carved up. |
| Singapore has very strict banking secrecy laws: customer confidentiality can only be lifted under a court order. A sentence of $78,000 or three years in prison is given for the disclosing of information about customers and their accounts. Societe General is founded on personal relationships between clients and private bankers are the focal point for all products and services. |
| The Bank will assist with clients' investment Portfolio and the structuring of finances through financial planning; the banking culture ensures a businesslike approach to the management of affairs. Together the bank can help create an individual strategy, which is based on confidence and discretion. |
| Societe General is part of a large organisation - which means financial strength and substantial resources. The Bank is able to offer a comprehensive range of services, that allows the Private Banker to construct an individual solution for each of its discerning clients including investment objectives and attitude to risk, Portfolio of investments may be constructed to meet specific requirements. |
| SG Private Banking is active in each of the world's principal financial centres. The Bank has representation dispersed throughout Europe, Asia, the Middle East and the Americas, giving the client the chance to invest in numerous markets, currencies and regions. |
| Societe Generale Group is one of Europe's leading banks, recognised the world over for exceptional levels of expertise and innovation. As part of the Group, SG Private Banking is perfectly placed to offer an exemplary Wealth Management service. SG Private Banking is regularly praised by its peers and by the specialist international press. |
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