Understanding our Annual Results 2017

Frédéric Oudéa's editorial

2017 was another important and positive milestone in Societe Generale 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.

Key Figures


Expert view

The real side of financial markets

Michala Marcussen, Group Chief Economist and Head of Economic and Sector Research, discusses "The real side of financial markets". Monday 5 February saw the sharpest single day decline on global equity markets in more than half a decade. As is the case with all market movements, behind them we find a complex web of economic fundamentals, liquidity and technical factors.

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Data management – collection, protection, analysis and development to better serve our clients

With 75 million digital contacts every month in France, digital tools are becoming our customers' main point of entry to the Bank. With new technology, the ever-multiplying data is analysed in greater depth, enabling Societe Generale to offer customers more personalised and relevant services, by combining the best of human and digital resources. We are undergoing profound transformations to better develop and protect this strategic asset for the Group.

Find out more about data management


Strengthening our commitments to the fight against climate change

December 2017 marked two years since the Paris Agreement and the first One Planet Summit, presenting an opportunity for Societe Generale to announce a new stage in its commitments to the fight against climate change: contributing to raising €100 billion in financing for the energy transition by 2020, reducing the Group's carbon footprint and strengthening the Oil and Gas sectoral policy. The energy transition is a major collective issue, Societe Gneerale, one of the world leaders in energy financing, reaffirms with these strong new measures its commitment to the positive transformation of our economy.

Find out more about the Group's environmental commitments

Supporting the Senegalese economy

Present on the African continent for over 100 years and benefiting from strong local knowledge, Societe Generale is a major player in the development of the African economy. Health has always been a primary concern of any population and remains a major challenge for developing countries today. Societe Generale was in Dakar alongside Amadou Ba, Minister of Economy, Finance and Planning of Senegal, for the signing of a financing contract of over €160 million for a project seeking to improve access to healthcare for Senegalese people through the construction of four hospitals. This project is an example of positive impact investment that the Group supports.

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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.

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