world solidarity programme

Ensuring continued banking services, protecting our staff and supporting our clients

To face the spread of Covid-19, Societe Generale group has been fully engaged all over the world to ensure the continuity of banking services, to protect its staff and to support its clients. From the beginning of the health crisis, in every countries in which the Group operates, exceptional support schemes have been put in place to help mitigate the negative impact on the economies, in close link with the public authorities. Societe Generale teams have been quick to react everywhere, showing their capacity and willingness to back the efforts of public actors and associations to fight against the epidemic.

Find out some of our initial actions and initiatives

CORONAVIRUS CRISIS

Responsible commitments from Societe Generale to help address the crisis

To help address the current health crisis and its human, economic and social impacts in France and across the world, Societe Generale is engaged on three fronts: firstly, helping to stem the epidemic by applying security measures in all of its sites and activities; secondly, ensuring the continuity of its services as an business of vital importance; and thirdly, supporting all of its stakeholders, staff, clients, suppliers, communities and partner associations during this difficult period.

Find out more

Societe Generale takes action to support clients

Societe Generale is taking action with our teams to support our clients in need and find the best solutions possible under these extenuating circumstances. Our advisors are committed to staying close to their clients and will be available to relay the various measures communicated by national and regional authorities.

Further information

Societe Generale committed to ensuring the safety of our teams and clients

Societe Generale is closely monitoring the situation and following instructions, across the whole Group, given by the World Health Organisation and the authorities in France. Specific additional measures could locally apply, in relation to stricter instructions by governmental authorities in areas where the Bank operates.
We have put in place locally the necessary measures to ensure business continuity, with consideration for staff and client health and safety as a priority.
Specific measures such as hygiene matters, social distancing, rotation by sub-teams or working from home arrangements, where relevant, are in place to reduce any risk of contamination. Business travels is suspended.

ECONOMIC ANALYSIS

Covid-19: Analysis by Michala Marcussen

23/03/2020
Covid-19 has spread across the globe with tragic human loss and severe economic consequences. Hope is now that social distancing and closures will prove effective; both in flattening the epidemiological curve, to ease pressure on health care systems and save lives, and to buy time for medical advances. These preventative measures, while necessary, come at an economic cost, and will be achieved through four main channels.

Read the viewpoint of Michala Marcussen

Testing policy capacity

The fallout from the Covid-19 crisis is severely disrupting the global economy. The preventive lockdown measures being put in place worldwide are having a marked impact on consumer services, global supply chains and financial markets.
Policy room will now be put to the test, as fast-track and significant size monetary, prudential and fiscal measures will be required to offset the negative shocks and prevent the crisis from morphing into a prolonged and deep global recession.

Read the scenario eco

CORPORATE NEWS

DIGITAL & INNOVATION

Latest press releases

  • 01/04/2020

    Responsible commitments from Societe Generale to help address the crisis

    To help address the current health crisis and its human, economic and social impacts in France and across the world, Societe Generale is engaged on three fronts: firstly, helping to stem the epidemic by applying security measures in all of its sites and activities; secondly, ensuring the continuity of its services as an business of vital importance; and thirdly, supporting all of its stakeholders, staff, clients, suppliers, communities and partner associations during this difficult period.

    Read the press release

  • 31/03/2020

    The combined General Meeting of 19 May 2020 shall be held without the physical presence of its shareholders

    On 31 March 2020, by audioconference, the Board of directors of Société Générale SA have decided that the combined (ordinary and extraordinary) General Meeting of May 19, 2020 shall be held at 4 PM without the physical presence of its shareholders given the measures limiting public gatherings due to the health status in France.

    Read the press release