Tuesday, May 16, 2017

SGBL and Sehnaoui expand in UAE and U.S.. Two banks to be added to the group


Société Générale de Banque au Liban (SGBL) and its major shareholder Antoun Sehnaoui are in the process of expanding their businesses to Abu Dhabi and the United States.

SGBL plans to open a fully-owned subsidiary within the Abou Dhabi Global Market (ADGM) with an initial capital of $50 million, said Georges Saghbini, SGBL's Deputy General Manager.

The new entity will launch its operations in June and will provide corporate, institutional, and private b...

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