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The Bank is pleased to announce that it has signed on 2 April 2023 a Business Transfer Agreement with Banco Inversis (“Inversis”) for the sale of its depositary and custody, and related services business. With the launch of the new strategy, ”Excellence 2024”, it has been decided Banque Havilland will focus on the private banking business to strengthen its value proposition in the long term. With the sale of its depositary and custody, and related services business, the Bank is positioning itself even more efficiently.
Marc Arand, Group CEO of Banque Havilland said: ”The decision to sell the depositary and custody, and related services activity was not an easy one to make, but it is the right one for our Group and for all our stakeholders. We have carefully evaluated...
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