Engaged in Africa
A major step forward in the Group's development on the African continent with an acquisition in Mozambique
Societe Generale has signed an agreement with Mauritius Commercial Bank to acquire a stake in Mauritius Commercial Bank Mozambique (MCBM). The Group will own the majority of the capital through a capital increase reserved for the Group. The operation must be approved by the Central Bank of Mozambique.
This partnership demonstrates our ongoing commitment to African economies, going back more than 100 years.
Alexandre Maymat, Head of Africa/Asia/Mediterranean and Overseas regions for International Banking and Financial Services
The bancassurance model
Growth in sales activity and financial results
Accelerated roll-out of the integrated bancassurance model
Today, Societe Generale Insurance is at the heart of Societe Generale Group's development strategy, in synergy with all of its retail and private banking networks in France and internationally. Societe Generale Insurance's performance and continued growth in 2014 attest to the strength of its integrated bancassurance model as well as its ability to invest in expanding its product ranges, to develop innovative services for the Group's customers and to seize the opportunities offered by the digital transformation.
Philippe Perret Head of the Insurance businesses
Positioned on buoyant markets and supported by an effective model, Societe Generale Insurance has powerful growth drivers for the future of all of its businesses, in France and internationally.
Societe Generale accelerates its growth in insurance
The Group announced that it has decided to exercise its option to purchase Aviva France's 50% stake in Antarius, an insurance company dedicated to the Crédit du Nord networks and currently jointly owned by Aviva France and Crédit du Nord, thereby ending the life-insurance partnership established with Aviva France.
Boursorama acquires FinTech Fiduceo and strengthens its leadership in the online banking offer
Boursorama is continuing its growth with the same promise made to its 609,000 clients: to make their lives easier. In order to do so, the bank is offering ever more innovative services in line with client expectations, with the aim of helping them save both time and money.
Societe Generale recognises digital innovation at the Innov'Group Awards
The Group has been pursuing an open innovation approach for many years now and every year it holds an awards programme to recognise innovation by its employees in an approach that encompasses co-creation, openness and the start-up process.
Latest press releases
Pierre-Yves Demoures appointed Societe Generale Deputy Head of Human Resources
Societe Generale is pleased to announce the appointment of Pierre-Yves Demoures as Deputy Head of the Group’s Human Resources Department, taking effect on April 1st 2015. He will report to Edouard-Malo Henry, Group Head of Human Resources. Pierre-Yves Demoures has been a member of the Group Management Committee since 2013.
Societe Generale launches an integrated security solution for International Treasurers to approve payments on the go
Societe Generale has created a new mobile app with a built-in security solution aimed at providing its corporate clients with a secure and simple mobile app for approving payments on Smartphone or tablet.