Societe Generale Srbija, the Serbian arm of the French lender Societe Generale group, has expanded its private banking offering for wealth management clients with the support of Societe Generale Private Banking (SGPB).

The subsidiary will leverage the expertise of SGPB to offer clients access to additional high added-value services and advice for wealth management, protection as well as transmission.

Societe Generale Srbija’s partnership with SGPB will allow clients to gain access to a broader range of products, especially wealth planning solutions and investment advisory services for domestic and foreign investments, the French lender said.

The collaboration will also allow Societe Generale to provide its Serbian-resident clients with various tailor-made banking services, investment and financial advisory and wealth management know-how, the bank added.

Clients of the Serbian subsidiary will be served by dedicated staff based in a private banking centre in Belgrade.

“Serbia represents a further step in Societe Generale’s strategy to continue to develop partnerships between its private bank and its overseas retail banking network,” the bank said.

The move started in 2010 with Societe Generale’s Czech division  Komercni Banka, followed by the bank’s subsidiary in Morocco in 2013 and in Croatia in 2014.