{"id":27665,"date":"2018-01-03T10:24:23","date_gmt":"2018-01-03T10:24:23","guid":{"rendered":"https:\/\/v2.ecomnewsmed.com.ecn-01.ovea.com\/2018\/01\/03\/the-lebanese-banking-sector-seeks-for-taking-its-place-in-europe\/"},"modified":"2020-08-11T11:30:31","modified_gmt":"2020-08-11T09:30:31","slug":"the-lebanese-banking-sector-seeks-for-taking-its-place-in-europe","status":"publish","type":"news","link":"https:\/\/www.ecomnewsmed.com\/en\/2018\/01\/03\/the-lebanese-banking-sector-seeks-for-taking-its-place-in-europe\/","title":{"rendered":"The Lebanese banking sector seeks for taking its place in Europe"},"content":"\nThe Lebanese banking sector is expanding abroad. KBL Richelieu Banque Priv\u00e9e in France and KBL Monaco Private Bankers are out-flagging toward a Lebaneese bank, in the framework of SGBL international strategy. The two Luxambourg banking establishment\u2019s equity is valued at 154 million euros.\nSGBL which is one of the most important banking corporates in Lebanon is already having a foot in in Cyprus, Jordan, and the United Arab Emirates. By realizing this operation, the bank is aiming at creating an international\u00a0plateforme to be well positioned on the global market market.\nThe entities and their divisions will be renamed Banque Richelieu France, Richelieu Gestion, and Banque Richelieu Monaco. SGBL representatives said that some modifications might be introduced in the future regarding the activities of its new subsidiaries However, private banking and asset management services will continue to run.\nThe KBL epb group is operating private banking services in 50 cities in Europe, with assets under management that reached 51 billion euros in 2016.\nDiscover out our latest videos about the economic news in Lebanon:\u00a0\n\n\n","author":78,"featured_media":3376,"comment_status":"open","ping_status":"open","template":"","tags":[5754,5761,5751,5753,2961,5750,5762],"location":[5628],"class_list":["post-27665","news","type-news","status-publish","has-post-thumbnail","hentry","tag-business","tag-decision-makers","tag-economy","tag-entrepriseslife","tag-institutions","tag-news","tag-trending","location-lebanon"],"short_url":"","have_related_news":null,"chapo":"Soci\u00e9t\u00e9 G\u00e9n\u00e9rale de Banque au Liban (SGBL) will expand in France and Monaco as it signed a agreement with Luxembourg-based KBL European Private Bankers (KBL epb) to acquire two of its offshore subsidiaries. Project to be achieved in 2018.","media":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/sgbl-liban.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/sgbl-liban.jpg 550w","sizes":"550px","alt":"The Lebanese banking sector seeks for taking its place in Europe 1","width":550,"height":360,"ratio":0.67,"credit_photo":""},"media-news-header":{"src":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/sgbl-liban-897x598.jpg","srcset":"https:\/\/www.ecomnewsmed.com\/app\/uploads\/2020\/03\/sgbl-liban-897x598.jpg 1170w","sizes":"1170px","alt":"The Lebanese banking sector seeks for taking its place in Europe 1","width":1170,"height":658,"ratio":0.67,"credit_photo":""},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The Lebanese banking sector seeks for taking its place in Europe - Ecomnews Med<\/title>\n<meta name=\"description\" content=\"The Lebanese banking sector is expanding abroad. KBL Richelieu Banque Priv\u00e9e in France and KBL Monaco Private Bankers are out-flagging toward a Lebaneese\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ecomnewsmed.com\/en\/2018\/01\/03\/the-lebanese-banking-sector-seeks-for-taking-its-place-in-europe\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Lebanese banking sector seeks for taking its place in Europe - Ecomnews Med\" \/>\n<meta property=\"og:description\" content=\"The Lebanese banking sector is expanding abroad. 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