News

International Women's Day 2019

This year, the UN theme for International Women's Day is “Think equal, build smart, innovate for change” with a particular focus on the gender digital divide. Women are under-represented in fields of innovation that could serve as an extraordinary means of autonomy and enable them to play a more active role in creating a more inclusive and sustainable society.
What better time to highlight Societe Generale’s commitments and results in supporting gender equality in the company and to put the spotlight on women who have achieved inspiring career paths.

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Gender equality index

Diversity is an important issue in terms of both ethical requirements and performance. In compliance with the French "Avenir" law , Societe Generale has published its gender equality index score: 85/100 for 2018.

Find out more about our actions for gender equality

Woman driving car

ALD acquires Sternlease in the Netherlands

ALD signed an agreement to acquire SternLease, the leasing arm of Stern Group, the Dutch market leader in automotive retail. This acquisition forms part of ALD’s development strategy and is an example of ALD’s focus on targeted and value-added bolt-on acquisitions. This transaction is seeks to strengthen ALD’s SME and Private Lease offering in the Netherlands, positioning the company as the 5th largest player in the market.

Read the press release about ALD's acquisition

FINANCIAL RESULTS

Full-year and fourth quarter 2018 results

"After this first year in the execution of our 3-year plan, we have confirmed our long-term strategic ambition: delivering profitable and responsible growth thanks to a robust, diversified, more compact banking Group resolutely focused on its customers, in order to assist them in their positive transformation projects. We successfully achieved several major milestones in our transformation during 2018. The digital transformation process continued with success and there was considerable progress in the growth initiatives in French and International Retail Banking, as well as Financing & Advisory."
Frédéric Oudéa, Chief Executive Officer

Find out more about our results

DIGITAL & INNOVATION

New innovation strategy

To offer evermore innovative services and a best-in-class relationship experience to its clients, Societe Generale is moving to the next level with its Innovation strategy. This strategy is based on strengthened relations with startups, applying key digital capabilities for the whole Group and creating new businesses.
Societe Generale strengthens its presence in the global ecosystem to enhance its Open Banking strategy and solidify partnerships at Group level, in complement to local business initiatives.

Read the press release on the Innovation strategy

Positive transformations

Advancing Cameroon’s low-carbon development through hydropower

When the new Nachtigal hydroelectric power station’s turbines start turning in 2023, this 2km-long dam will supply almost a third of Cameroon’s electricity. Located on the Sanaga river, 65km north east of Yaoundé, the capital, the project is a cornerstone of the country’s electricity development plan and a national priority. Societe Generale is committed to financing Africa’s infrastructure through projects such as Nachtigal. We aim to increased loans to structured financing in Africa by 20% over three years.

Find out more the Nachtigal hydroelectric project

large-scale solar photovoltaic

Solarpack's succesful IPO expands the use of solar energy worldwide

Solarpack, the Spanish multinational large-scale solar photovoltaic project development, construction and operations specialist, successfully completed a share placement last December. This important milestone, achieved despite the extremely difficult market conditions, will give the company the financial muscle to grow, expand the use of solar energy worldwide, invest and contribute to the social developments of the communities and markets in which it operates. Societe Generale acted as Global Coordinator of this transformational deal for the company.

Read the article about Solarpack

AFRICA

GROW WITH AFRICA - a growth plan across the African continent

During a press trip to Dakar, Societe Generale group confirmed the solid growth of its African operations, in line with its “Transform to Grow” strategic plan. As part of the launch of its “Grow with Africa” programme, the Bank also announced several initiatives in partnership with international, regional and local clients and institutions in order to meet the sustainable development needs in Africa.

Read the press release about Grow with Africa

Rugby player, with Societe General director and Rugby Abrica

Supporting the development of rugby in Africa

Societe Generale and Rugby Africa have agreed to join forces for the next two years to support the development of rugby in Africa, with a particular emphasis on rugby competitions for women and young athletes. Societe Generale is a long-standing partner of rugby, a sport with which the Bank shares the common values of team spirit, commitment and respect.

Read the press release about developping rugby in Africa

Latest press releases

  • 18/03/2019

    Appointments within the Group Management Committee

    Societe Generale announces the following appointments within the Group Management Committee:

    Read the press release

  • 18/03/2019

    Board of directors and General Management: proposals to renew directors and renewal of the General Management

    The Board of Directors, based on the opinion of the Nomination and Corporate Governance Committee, will submit to the vote of the ordinary General Meeting dated 21st May 2019 the renewal of three Directors, for a four-year term: • Mr Frédéric Oudéa, Director since 2009 and Chief Executive Officer; • Mrs Kyra Hazou, independent Director since 2011, member of the Audit and Internal Control Committee and member of the Risk Committee; and • Mr Gérard Mestrallet, independent Director since 2015, Chairman of the Nomination and Corporate Governance Committee and member of the Compensation Committee.

    Read the press release