French Societe Generale banking group leaving Russia ...Kuwait

French banking group Societe Generale said on Monday it was ceasing activities in Russia and selling its majority stake in Rosbank, weeks after Ukraine's leader urged French firms to leave over Moscow's invasion of the country. Hundreds of foreign companies, ranging from financial firms to retailers and fast-food restaurants, have pulled out of Russia since the brutal 24 February invasion. But French firms, which are the biggest foreign employers in Russia, have been among the slowest to withdraw, prompting Ukrainian President Volodymyr Zelensky to urge them to leave during an address to the French parliament on 23 March. Societe Generale said in a statement that its

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Last updated : 11 April 2022 clock 02:22 PM

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French Societe Generale banking group leaving Russia ...Kuwait

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