Understanding our 1st Quarter 2017 Results
Societe Generale's results for Q1 2017 once again demonstrate the quality of its diversified and integrated banking model, with a good performance in all its businesses. Strong growth in International Retail Banking & Financial Services and solid revenues in Global Banking & Investor Solutions more than offset the negative impact of low interest rates in French Retail Banking. Based on the increase in revenues and the control of its costs and risks, Group net income was substantially higher, excluding the impact of disputes.
Results by business
Good commercial and financial performance from core businesses
Laurent Goutard, Head of Societe Generale Retail Banking in France. Societe Generale supports companies experiencing growth, helping them develop their business and conquer new markets.
Brexit is now unavoidable. Theresa May has officially triggered Article 50 of the Treaty on European Union, providing notification of the United Kingdom’s withdrawal from the European Union by 29 March 2019, following two years of negotiations.
Le Plateau, located in the Dunes complex, has an important place in the network of existing external coworking sites. To foster cooperation between internal and external project teams and FrenchTech ecosystems, Le Plateau hosts external and internal startups in an innovative environment, providing support and making its resources available to them.
Societe Generale Group is developing an active diversity policy, notably in terms of gender parity. Beyond the ethical and societal issues, the conviction has emerged that innovation and achievement start with the sharing of ideas between people of varied profiles. Discover employees’ perspectives on this issue and their viewpoints on the role of women in a changing workplace.