Group's position following the press conference organised by the Front National

22/11/2017

Societe Generale group’s decisions on whether to open or close a bank account depend purely on banking reasons and in respect of all regulatory requirements, without taking into account any political consideration.

These decisions apply to all the group’s subsidiaries.

Regarding the opening of an account at Crédit du Nord, a financial representative of Front National asked the Bank of France for the right to have a bank account as an individual. Crédit du Nord responded to the Bank of France’s requirements and offered the services required within the right’s regulatory framework.