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21-11-2018 12:47 3073

SA 1 Societe Generale

 

Societe Generale SA, the second largest bank in the world, agreed to pay a $ 1.34 billion fine to solve problems with the US government, which accused a financial institution of conducting transactions in the interests of fear under sanctions. This is reported on the website of the US Department of Justice.

It is noted that the majority of transactions associated with Cuba.

According to the US government, this fine will be the second largest fine ever applied to financial institutions due to United States economic sanctions.

On November 14, it became known that the State Department added 26 organizations to the list of legal entities with which US citizens are prohibited from carrying out transactions.

The Ministry of Foreign Affairs of Cuba called the US sanctions aggressive.

Societe Generale SA is a French financial company. The headquarters is in Paris. The company was founded in 1864. Has a capital of 30 billion dollars

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