SocGen targets Chinese investments in Africa

April 16, 2015 5:38 PM

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ABIDJAN, April 16 (Reuters) - French bank Societe Generale plans to expand its retail and commercial activities in West Africa to target increasing Chinese investments in the region, a bank executive said on Thursday.

SocGen, which is present in 18 African countries mostly in the French-speaking west of the continent, is playing catch-up with Barclays and Standard Chartered in the sector, said Alexandre Maymat, deputy head of international banking and financial services.

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