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SGSS mandated by Banco Cooperativo in Spain

SGSS has been mandated by Banco Cooperativo to provide independent valuation services for their structured products.

Societe Generale Securities Services (SGSS) has been mandated by Banco Cooperativo to provide independent valuation services for their structured products.

SGSS was retained by Banco Cooperativo for its recognised expertise since 2005 in providing European clients with first-class valuation services on complex products (OTC, Structured Products) and for the competitiveness of its offering.

SGSS Spain has been offering securities services (including clearing and settlement, custody and trustee services, asset services, fund distribution services, liquidity management and global issuer services) to top Spanish and international financial institutions for over 40 years and is one of the leading foreign banks in settlement volumes on Iberclear Spain, settling between 8% and 10% of market trades.

Banco Cooperativo was established in 1990 to provide the services of a central bank to its partner rural banks throughout Spain.