Annual and Fourth Quarter 2017 Results
“2017 was another important and positive milestone in the Group’s transformation: ongoing adaptation of the business model, strengthening of the businesses’ innovation capacity, definition of the new strategic plan “Transform to Grow”, implementation of a new more agile organisation.
In addition to the impacts of a number of exceptional items, the 2017 financial results reflect the healthy commercial momentum of all our businesses, the disciplined management of our costs and risks and the improvement in our underlying profitability.”
Frédéric Oudéa, Chief Executive Officer
Blockchain is revolutionising the trading process
Technological advances in the trade finance sector are accelerating rapidly, notably with Blockchain technology in particular. Societe Generale is at the forefront of this trend, working on numerous projects such as We.Trade or Easy Trading Connect, developed together with its European partners. Societe Generale is aiming to build an entire ecosystem for trade finance and these tools are a fundamental part of this ambition.
Bank data: governance, value-creation and compliance
In an increasingly digital environment, data is becoming an important element of client relations. "The amount of data is growing at an exponential rate and the development of new technologies (Big Data, data visualisation) is enabling us to use this data to develop new services, better manage our risks and improve our operational efficiency." Emmanuelle Payan, Group Chief Data Officer, explains her central role in the governance and value-creation of data.
Lyxor: 20 years of innovation
"Lyxor Asset Management turns 20 this year. This means we have spent two decades embracing innovation. At the heart of our identity, Lyxor’s innovation is driven by our talented staff– from our research teams to our engineers – for the benefit of our clients. Our pioneering spirit has seen us conquer new markets and push the boundaries of the investment world." Lionel Paquin, Chief Executive Officer of Lyxor Asset Management.
Health, a priority for Senegal
Health has always been a primary concern of any population and remains a major challenge for developing countries today. In Senegal, significant efforts are being made to improve the supply and access to healthcare across the country. The government of Senegal has launched a vast programme called the "Plan Sénégal Emergent" (PSE), of which Societe Generale is a financial partner. As part of this programme, a financing contract for over €160 million has been signed for a project aimed at improving access to healthcare, with notably the construction of four new regional hospitals in the country.
What is Positive Impact Finance?
Former UN Secretary-General Ban Ki-moon displayed genuine emotion during his 2011 speech to the General Assembly. He listed the challenges facing the planet, warning of the rising pressures on land, energy, and food. He spoke of villagers in Kiribati who told him of their fears of climate change causing the sea to sweep into the ocean. A terrified young girl asked him what would become of her.
At the heart of an amateur rugby club
This five-episode series realised by Societe Generale introduces the viewer to the life of the SPRC, the amateur rugby club of Saint-Père-Marc-en-Poulet, a small rural village in northern Brittany. Three emblematic figures from the world of rugby - Jonny Wilkinson, Thierry Dusautoir and Sylvain Marconnet - arrive to coach the club’s players from both a rugby and a professional point of view. This series is a tribute to the values of rugby that encourage team spirit and develop character by helping the team find their path. Discover the rousing history of the club and the lives of its players.
Latest press releases
Societe Generale Securities Services mandated by Inarcassa to provide custody and trustee services for the five-year period 2018-2022
Societe Generale Securities Services in Italy (SGSS S.p.A.) has been selected again as the provider of the custody and trustee services by Inarcassa, Italy’s National Social Assistance Fund for Self-Employed Engineers and Architects, after the conclusion of the European-level tender procedure.
Quarterly financial information - Q4 2017 - Full year 2017
Q4 17: good performance by all the businesses Net income marked by exceptional items 2017: increase in underlying profitability