Societe Generale named “Distinguished Provider” for its Correspondent Banking services in euros by FImetrix

For the sixth consecutive year, Societe Generale has been named a “Distinguished Provider” by Flmetrix, highlighting the quality of the Correspondent Banking services in euros offered by the Global Transaction Banking teams.

A firm specialising in market research and consulting for international financial services aimed at banks, FImetrix carries out several studies each year in order to identify the global leaders in Transaction Banking services.

In its 2018 study, Fimetrix surveyed senior executives from 563 banks in 98 countries around the world. The participants were asked to rate the quality of services provided by the major actors in the sector. Their responses were then used to map out their overall satisfaction with these services.

Societe Generale, the only French bank recognised as a “Distinguished Provider” by FImetrix for its Correspondent Banking services in euros, welcomes the results of this survey, which is based on the responses provided by users of these services.

Jean-François Mazure, Head of Cash Clearing at Societe Generale, said: With this honour, FImetrix is highlighting our long-term commitment to financial institutions in a demanding profession.

We are ranked among the leaders in Cash Clearing in euros and now offer payment services that are rapid, transparent and traceable in real time." Jose Enrique Concejo, the Group’s Global Head of Financial Institutions, in charge of client coverage within the bank, added: “This award illustrates the quality and ambition of the Global Transaction Banking offer developed by Societe Generale to support its customers in their day-to-day transactional activities, in particular on the interbank market”.