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Home/Bank Intelligence/Monaco/Société Générale Private Banking Monaco
Société Générale Private Banking MonacoSG
Société Générale Monaco review

Société Générale Private Banking (Monaco) S.A.M.

Our review of Société Générale Monaco for ultra-high-net-worth families. We researched the legal entity that holds the licence and books the account, not just the brand.

Booking centreMonaco
RegulatorACPR (banking licence and prudential supervision); CCAF (investment services); AMSF (AML/CFT)
Legal formLocally incorporated subsidiary
GroupSociété Générale group
Websiteprivatebanking.societegenerale.com
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PPLI.com
Private Bank Rating
Rating in preparation

We are still preparing the rating for this bank. What we have on file so far is below.

About the rating

Part of Société Générale. The group card is led by Société Générale Luxembourg, whose own rating is the group's headline rating. This booking centre is rated separately.

The rating

What the PPLI.com rating of Société Générale Private Banking Monaco considers

This is our editorial assessment of Société Générale Private Banking Monaco. We look at the areas below, which matter to a family deciding where to keep its assets, and weigh them together with what clients tell us and the service they get. Retail products, branches and apps play no part. The public sources we used are listed at the foot of the page.

Conduct and enforcement

What regulators, prosecutors and courts have concluded about this licence holder in recent years.

Protection of client assets

Whether custody assets are ring-fenced by law in the booking centre, whether deposits are protected, and whether the custody terms can be read before signing.

Service for complex families

The breadth of private banking services the bank publishes for this booking unit, including work with external managers and family offices.

Cost transparency

Whether a prospective client can see the tariff and the bank's policy on third party payments before asking.

Ownership and control

Whether the bank's owners are public, how official assessments rate the anti-money-laundering regime of any owner's home jurisdiction, and whether a politically exposed person holds a significant stake. The same test applies to every bank.

Client opinions and service

What clients of Société Générale Private Banking Monaco and their advisers tell us in confidence, and the service the bank gives to families. We never publish names. Tell us about yours

PPLI.comPrivate Bank RatingRating in preparation

The rating expresses the opinion of PPLI.com on the date shown. It is not a statement of fact about the bank, not a credit rating, not a forecast of failure and not investment advice. Read about the rating.

The record

Regulatory and legal record

What regulators, prosecutors and courts have decided, recorded against the legal entity they named, with the status, the amounts as published and a link to the original document. Claims and investigations still under way are marked as open.

We found no regulatory, criminal or court decision naming this licence holder in the last ten years, in the sources listed below.
Matters concerning other entities in the group (2)
20184 June 2018

Deferred prosecution agreement: bribery of Libyan officials (FCPA) and USD LIBOR manipulation

Société Générale S.A. entered a deferred prosecution agreement with the US Department of Justice on one count of conspiracy to violate the FCPA anti-bribery provisions (payments through a Libyan broker, 2004 to 2009) and one count of transmitting false commodities reports (USD LIBOR submissions, 2010 to 2011); its subsidiary SGA Société Générale Acceptance N.V. pleaded guilty. The USD 860 million in criminal penalties includes USD 292.8 million credited for the payment to the French PNF; the CFTC's roughly USD 475 million overlaps and must not be added without that note. Parent-level matter, recorded for context only.

Shown for context only: the parent Société Générale S.A. and SGA Société Générale Acceptance N.V. were the defendants; the Monaco subsidiary was not a party.

Société Générale S.A. Agrees to Pay $860 Million in Criminal Penalties
US Department of Justice (with CFTC and the French Parquet National Financier) · Resolution with admission · Criminal penalties total us and france USD 860 million; Doj penalty libya USD 585 million; Doj penalty libor USD 275 million; Cftc penalty and disgorgement overlapping USD 475 million; Credit for payment to french pnf USD 292.8 million · Admission of the facts · Primary source
201719 July 2017

ACPR reprimand and EUR 5 million penalty for AML/CFT deficiencies (suspicious transaction reporting)

The ACPR sanctions commission imposed on Société Générale S.A. a reprimand and a EUR 5 million penalty for deficiencies found in a 2015 inspection, mainly excessive delays and omissions in suspicious transaction reports to Tracfin in 2014 and 2015 and weaknesses in detection and internal control. The press release notes the bank had two months to appeal. Parent-level matter, recorded for context only.

Shown for context only: the parent Société Générale S.A. was the respondent; the Monaco subsidiary was not a party.

un blâme assorti d'une sanction pécuniaire de cinq millions d'euros
ACPR Commission des sanctions (France) · Final decision · Penalty EUR 5 million · Primary source
The bank at a glance

Identity, protection and services

Legal identity

Legal nameSociété Générale Private Banking (Monaco) S.A.M.
LEI549300KUIHN585DKX254
LicenceCredit institution (bank) established in Monaco as a Monegasque company; FGDR member (CIB 13368, 'Société générale private banking (Monaco)')  Source
RegulatorACPR (banking licence and prudential supervision); CCAF (investment services); AMSF (AML/CFT)
Legal formLocally incorporated subsidiary
OwnerSociété Générale S.A.  Source

Ownership

Group parentSociété Générale S.A. (listed, Euronext Paris)  Source
ControlWidely held; no shareholder with 10% or more  Source (31 December 2025)
Holder of 10% or moreEmployee shareholding - savings plans, 15.86% in Société Générale S.A.  Source (31 December 2025)
Disclosed holdings of 3% or moreBlackRock, Inc 7.13%  Source (31 December 2025)

Ownership is shown as published, with its date. It describes who owns the bank; it does not, by itself, suggest any wrongdoing by the bank or its owners.

Financial strength, as reported

Credit ratingsNot published
CET1 ratioNot published
SizeNot published

Services published for this booking unit

Private clients
Discretionary management
Advisory mandates
Custody only (execution and safekeeping)
Lombard lending
Mortgage lending
Multi currency accounts
Trust and fiduciary services
Family office services
Wealth planning
Consolidated reporting
External asset manager desk

Offered at this booking centreOffered by the group, not confirmed hereNot located, which does not mean unavailable
Checked on the bank's own pages, 2 November 2026.

Access and costs

Minimum relationshipNot published
US personsNot published
Fee scheduleNot published
Third party paymentsNot published
Transfer out termsNot published

Protection of client assets

Deposit protectionBanks with their head office in Monaco are covered by the French FGDR: EUR 100,000 per customer per institution, seven working days.
Custody lawNot published
Custody termsNot published
Your experience

Rate Société Générale Private Banking Monaco

If you bank with Société Générale Private Banking Monaco or advise clients who do, your experience forms part of its PPLI.com rating. Every response is read by the editor and treated in strict confidence.

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Our commitment to confidentiality

Your name, email and telephone number are seen only by the PPLI.com editor. They are never published, never passed to Société Générale Private Banking Monaco or any other bank, and never used for marketing. We may contact you once to clarify your assessment. Once verified by our editors, your assessment can lead to a disclosed adjustment of this bank's PPLI.com rating. It is never published with your name.

Sources

  1. US Department of Justice (with CFTC and the French Parquet National Financier): justice.gov/opa/pr/soci-t-g-n-rale-sa-agrees-pay-860-million-criminal-penalties-bribing-ga
  2. ACPR Commission des sanctions (France): acpr.banque-france.fr/system/files/import/acpr/medias/documents/20170721-cp-sg.pdf

For Société Générale Private Banking Monaco

Before we publish a significant negative finding, we give the bank the facts and time to comment, on the same timetable for every bank. Corrections we verify are published with the date of the change. Write to [email protected] quoting reference BK-MC-SG-MONACO-EBBBF4.

About this file

Researched by the PPLI.com research desk from the public sources listed. The rating is our editorial opinion; read how we rate.

Important information. Editorial opinion of PPLI.com on the date shown, based on public information, client experience and editorial judgment. Not a statement of fact, a credit rating or investment, legal, tax or financial advice; verify with the bank and your own advisers before acting. No liability is accepted for reliance on this content. Bank names and logos are used for identification only. Ratings are updated every quarter. This is the Q4 2026 edition, and a rating can change between editions if something material happens. Full disclaimer
Rating signed by Noam Cohen, Editor, Bank IntelligenceReviewed 2 November 2026Methodology 2.3Reference BK-MC-SG-MONACO-EBBBF4
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