Société Anonyme de Banque

A Société Anonyme de Banque is a type of bank structured as a corporation with shareholders, similar to a publicly traded company. It operates under specific legal regulations, primarily in French-speaking countries, to provide banking services such as accepting deposits, offering loans, and financial transactions. The term emphasizes its status as a distinct legal entity with limited liability for its owners, facilitating capital raising and organizational stability. Essentially, it's a formal, regulated bank organized as an independent business entity owned by shareholders, focused on financial intermediation within the economy.