Societe Generale named ‘Distinguished Provider of Transaction Banking Services’ by FImetrix

Published 

For the second year running, the Global Transaction Banking arm of Societe Generale has been awarded ‘Distinguished Provider of Transaction Banking Services’ for Euro clearing services by FImetrix, a leader in global financial institution performance measurement.

This award, which recognises leading performers in the complex global transaction services landscape, highlights SG GTB’s continued excellence in delivering advanced and efficient transaction banking services to its financial institution clients. Only four banks were selected by FImetrix for their Euro clearing services, with Societe Generale being the only French bank to receive this distinction.

The classification is based on research conducted with senior executives at 647 banks in 97 countries and across six regions. Respondents evaluated the relationships that they maintain with U.S. and Western European banks to support their international cash and trade transaction service needs. They rated their leading providers on 22 items related to operational efficiency, customer service, technology, product range, and the skill sets of their people. Each provider was scored on its ability to deliver a high degree of customer satisfaction to the banks within the region.