Monthly report, September 2010

• A LA UNE

>> Frédéric Oudéa: ‘‘We are the bank for businesses!’’

On 23 September 2010, Frédéric Oudéa attended the ‘‘Chênes du Grand Ouest’’ awards ceremony in Rennes for family businesses. Frédéric Oudéa highlighted the hard work of all the employees in the Societe Generale network in the “Grand Ouest” northwest region of France. He also applauded the success of this first awards ceremony for family businesses and expressed his hope that it would be replicated elsewhere in France.

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>> The French Networks welcome Société Marseillaise de Crédit

The acquisition of SMC means an additional 144 branches, 200,000 customers and 1,400 colleagues at Crédit du Nord, thereby reinforcing its existing set-up and, in particular, giving the Bank a strong regional brand in the South East of France. “This is the most significant purchase Crédit du Nord has ever made. It is fully in line with our regional banking strategy based on being close to our customers and ensuring their satisfaction, which are values we share with SMC,” said Vincent Taupin, CEO of Crédit du Nord.

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>> The women’s tribune

The unfortunate realisation that women account for less than 10% of the membership of Boards of Directors in France prompted French financial newspaper La Tribune to contribute to the promotion of gender equality. It is therefore launching a project in favour of gender equality called the ‘‘La Tribune Women’s Awards’’. The aim of this project is to create and stimulate audacity amongst women by putting the spotlight on female bosses with exceptional careers. Because we are committed to diversity, of which gender equality is one facet, Societe Generale has decided to support the ‘‘La Tribune Women’s Awards’’.

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• OUR BUSINESSES

>> Societe Generale - a brand for building on trust in Albania

On 6 September, Banka Popullore shed its traditional name and became Societe Generale Albania. This event is a first. When our Albanian retail subsidiary Banka Popullore joined the Group in July 2007, it adopted the red and black square logo that unites our brands. In 2010, the entity decided to go even further.

>> SG CIB continues to strengthen its Mergers & Acquisitions team

Societe Generale Corporate & Investment Banking continues to strengthen its Mergers & Acquisitions capabilities with the following appointments: Hubert Preschez has been appointed Managing Director and Senior Transactor, Sylvain Mégarbané has been appointed Managing Director, Head of the Power & Utilities sector, Alexandre Saada has been appointed Managing Director, covering Financial Institutions for France and Belgium. These appointments are part of the objective announced by the bank to develop its investment banking business and further enhance its client offer.

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>> Societe Generale Private Banking Hambros enhances regional presence with a new office in Edinburgh

The new Edinburgh office marks the first venture of the private bank in Scotland. The city is at the centre of Scotland’s wealth creation and the financial services industry, making it an ideal location for SGPB Hambros to service Scotland’s high net worth individuals.

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>> The French competition authority’s decision

The French competition authority issued a decision statement condemning the main banks in France for an anticompetitive agreement on the creation as of 1st January 2002 of an interbank charge for the exchange of the electronic image of cheques.

• HUMAN RESOURCES

>> “Don’t feel bad”

‘‘Don’t feel bad’’ is a comic book about the correct responses and behaviours between able and disabled people within an enterprise. Explanations provided by one of the book’s authors, Frank Margerin.

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>> 2010 edition of ‘‘a permanent job contract in a day’’

This is not the first time that Societe Generale has organised the recruitment operation ‘‘1 CDI en 1 jour’’, but 2010 has proved to be an excellent vintage, with 71 of the 160 candidates being given permanent Societe Generale job contracts.

• COMMUNICATION

>> The central branch opens its doors for 2010 European Heritage Days

A visit to the central branch is a must for anyone interested in Parisian Art Nouveau and who wants to know a bit more about Societe Generale’s history. Gwendal Tessier, the Head of HR and Logistics at the central branch, talks about the preparations for the European Heritage Days and the surprises awaiting visitors.

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