Societe Generale Securities Services (SGSS) has been mandated to act as the sub-custody bank for Royal Bank of Canada’s Investor and Treasury Services (RBC I&TRS) in Tunisia.
Operating from its custody platform in the country, SGSS will provide both local and global custody, clearing and settlement, as well as depository and issuer services for RBS I&TS.
The mandate by RBC is significant for SGSS as it seeks to expand in the North Africa region.
It has been in operation and providing securities services in Tunisia since June 2013 through its subsidiary, Union Internationale de Banques (UIB).
SGSS Tunisia Branch Mandated by RBC I&TS
SGSS wins mandate to act as the sub-custody bank for RBC's Investor and Treasury Services (RBC I&TRS) in Tunisia.
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