Understanding our 2014 annual results

Frédéric Oudéa's editorial

2014 was an eventful year for our Group, with the celebration of our 150 years, the presentation of our strategic plan and the introduction of the European Banking Union. 2014 was also marked by a particularly challenging geopolitical, economic and financial environment. Against this backdrop, the Group embarked on a far-reaching transformation, supported by a solid balance sheet and capital position. All the businesses demonstrated a good commercial dynamism.

Results by business

Good performance by the business, contributions to Group net income up by 3.5% 

French Retail Banking
International Retail Banking & Financial Services
Global Banking & Investor Solutions

Interview with Frédéric Oudéa

Chairman & CEO Frédéric Oudéa commented on the Group’s 2014 annual results in an interview he gave to EuroBusinessMedia (CEO-Direct).

Watch the video

Expert opinion

Oil price: one’s loss, another’s gain

The drop in oil prices, coupled with accommodative monetary policies, has recently supported activity in developed countries still struggling to pick themselves up, but is problematic for some producer countries.

Explanations of Benoît Heitz, Co-Head of Macroeconomic and Country Risk Analysis


Germany, a strong potential for organic growth

As a mature European economy with still significant growth opportunities, Germany will have an important contribution to Societe Generale's balanced growth strategy. The Group has decided to accelerate its development in the country and is targeting a growth rate between 5% to 10% per year for its activities in the coming years.

Read the interview with Guido Zoeller, Group Country Head Germany & Austria


For its App, Societe Generale is taking co-creation a step further

Test the Societe Generale App’s future services and features… This is now possible thanks to the "Appli LAB"! Societe Generale is enabling its customers to participate in the development of future versions of its iPhone and Android app, which is already acknowledged as being the world’s best mobile banking app.

Read the article

Music sponsorship

Playing for salle Pleyel 2014

Bravo! For the second year in a row, Playing for salle Pleyel, a unique initiative in the world of business, brought together on 16, 17 and 18 November 2014, 180 singers and 60 musicians from all parts of Societe Generale to perform at this famous Parisian music venue.

Watch the concert

Contemporary art

“The Greek Knot”, a work by Jean-Michel Othoniel

A winding line depicting a movement that appears to be suspended in mid-air, The Greek Knot ("Le Nœud grec" - 2014) is part of a series of works of art created by Jean-Michel Othoniel since 2008. The piece was commissioned by Societe Generale and is on display in our offices in La Défense, Paris.

Watch the video (in French)

All our previous Letters to Shareholders