Qatar PM meets Societe Generale Bank CEO

Prime Minister and Minister of Interior HE Sheikh Khalid bin Khalifa bin Abdulaziz Al Thani met on Monday with Chief Executive Officer of Societe Generale Bank (SocGen) Frederic Oudea and an accompanying delegation on the occasion of their visit to the country.

SocGen is considered one of the largest banks in France. Today, the bank supports the needs of over 29mn individual, corporate, and institutional clients through a broad range of financial and advisory services.

In the meeting, they reviewed areas of cooperation between Qatar and Societe Generale Bank and ways to enhance and develop them.

Earlier, HE the Minister of Commerce and Industry Ali bin Ahmed al-Kuwari, also chairman of the Investment Promotion Agency Qatar (IPA Qatar), has met with representatives of the French multinational bank Société Générale (SocGen) at the Ministry’s headquarters in Doha.

During the meeting, the various types of joint cooperation between the two sides were discussed, especially in the context of the partnership between the public and private sectors, in addition to announcing the establishment of SocGen’s representative office in Doha, which will operate within Qatar Financial Center (QFC)’s platform.

This step represents a qualitative addition to the financial services sector in Qatar and it reflects the confidence of major international firms in the strength of the Qatari economy, especially that the State offers many incentives and investment opportunities, which support the growth prospects of international enterprises, including French companies, in the local, regional, and global markets.