Published on 08/04/2016

Review by the European Commission of the fine paid by Societe Generale in the Euribor case

On 6 April 2016, the European Commission announced the reduction of the EUR 445.884 million fine imposed on Societe Generale on 4 December 2013 in the Euribor case. The European Commission will refund Societe Generale of EUR 218.166 million plus accrued interests. The revision will impact Societe Generale’s first quarter results.