Financial Results

3rd Quarter 2019 Results

"Once again this quarter, we have achieved results very much in line with our objectives and priorities. In terms of capital, there was a further substantial increase in the CET1 ratio to 12.5%. The cost of risk remained low for all the businesses, reflecting the quality of the loan portfolio. Societe Generale has confirmed its role as a committed and responsible player and leading international bank in terms of financing the energy transition. The Group, with the strong commitment of its teams, is confident of its ability to deliver, in an ever more restrictive environment in Europe.” Frédéric Oudéa, Chief Executive Officer


Frédéric Oudéa presents the 3rd Quarter 2019 financial results

Frédéric Oudéa, Chief Executive Officer, presents the Group's third quarter 2019 results on EuroBusiness Media.


TechWeek 2019

TechWeek 2019 took place on 12 and 13 November at Societe Generale's technology hub Les Dunes in the east of Paris and on 14 November at the Bank's headquarters in La Défense. This unique event in the banking industry put the spotlight on use cases developed with the latest technologies by Societe Generale and its partners from the innovation and tech ecosystems to provide better customer service by combining the best of both the digital and human worlds.

Find out about the TechWeek

Core elements of the Group’s digital and innovation strategy - Interview with Claire Calmejane and Christophe Leblanc

Societe Generale embarked on digital transformation in the early 2010s, to invent the bank of tomorrow. Things have considerably gathered pace over the last three years. The bank has laid the necessary technological bricks and reached digital maturity, embodied in the eCac40 trophies over the last four years. The Group has now moved on to phase 2: industrialisation.

Read the Interview

Signature of the Sustainable IT Charter

During TechWeek 2019, Societe Generale announced the signature of the Sustainable IT Charter. “With the scaling-up of our digital transformation, our IT function, already engaged in responsible projects, is making a further commitment by signing the Sustainable IT Charter to limit the environmental impact of technology and encouraging digital inclusion,” said Christophe Leblanc, Group Head of Corporate Resources and Digital Transformation at Societe Generale.

Find out more about the Sustainable IT Charter


Societe Generale reinforces its commitments to building a more sustainable future

Societe Generale is a Founding Signatory of the Principles for Responsible Banking and joins the Collective Commitment on Climate. As a demonstration of this commitment, the Group is making a new commitment of raising €120 billion for the energy transition between 2019 and 2023, of which €100 billion in sustainable bonds issues and €20 billion dedicated to the renewable energy sector through advisory and financing.

read the press release on our new commitments

Best bank worldwide for the environment

RobecoSAM's annual sustainability ranking puts Societe Generale in 1st place worldwide on environmental matters and 6th place in Europe for all ESG (Environmental, Social and Governance) factors, out of the 175 banks analysed. “These results are proof of our determination to incorporate our CSR policy into the Group’s strategy to continue making a positive contribution in meeting environmental and social challenges,” Diony Lebot, Societe Generale Group's Deputy CEO

Find out more about the RobecoSAM sustainability ranking

Accelerate the energy transition locally: Crédit du Nord partners with Lumo

Signing of a partnership between Lumo and the Crédit du Nord group to accelerate the energy transition locally via crowdfunding centered on renewable energies.

Read more about the partnership


Worldwide Partner of the Rugby World Cup 2019

With Rugby World Cup 2019 held from 20 September to 2 November, the Group reinforces its prestigious partnership status as a Worldwide Partner and Official Bank, which dates back to Rugby World Cup 1991. With the tournament in Japan now over, Societe Generale continues to bring people together and encourages all to celebrate the biggest rugby event in the world!

Follow all the Rugby World Cup news

The official rugby bank: a historic commitment

Societe Generale became the official "rugby bank" in 1987. Today, this longstanding partnership means the bank proudly displays its logo on the game’s goalposts and closely associates its values to those of the sport. A commitment that hasn't happened by chance: its roots reach right back to the beginning of the last century.

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Best of Rugby World Cup 2019

The Rugby World Cup in Japan ended on the 2 November with South Africa's victory over England (32-12). Societe Generale, Worldwide Partner and Official Bank of the competition, is proud to have accompanied the 48 matches of a tournament that will be long remembered.

Latest press releases

  • 14/11/2019

    Accelerate the energy transition locally: the Credit du Nord Group partners with Lumo

    Signing of a partnership agreement between Lumo and the Credit du Nord group, to accelerate the energy transition locally via crowdfunding centered on renewable energies.

    Read the press release

  • 13/11/2019

    Societe Generale signs the Sustainable IT Charter

    On the occasion of its #TechWeekSG event, Societe Generale announces the signature of the Sustainable IT Charter, under which the Group is reasserting its commitment to contribute to the positive transformation of societies and economies.

    Read the press release