Understanding our 2016 Q1 results

Frédéric Oudéa, Chief Executive Officer of Societe Generale

Frédéric Oudéa's editorial

Our Group’s solid performance during this first quarter reflects the robustness of our diversified business model. Our net income amounted to EUR 924 million, an increase of 6.5% compared to last year.

We have a balanced business portfolio centred on our core businesses – French Retail Banking, International Retail Banking & Financial Services, Global Banking & Investor Solutions. This business model enables us to generate synergies between our different activities, and thanks to the diversification of our businesses and the regions in which we operate, maintain good results in a low – or even negative – interest rate environment.

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Results by business

Sound results benefiting from the diversification of the business model

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

Interview with Frédéric Oudéa

CEO Frédéric Oudéa commented on the Group’s Q1 2016 results in an interview he gave to EuroBusinessMedia (CEO-Direct).

Watch the interview

STRATEGY

Alexandre Maymat, Head of the Africa region at Societe Generale

Societe Generale in Africa

Alexandre Maymat, Head of the Africa region at Societe Generale, talks about the Group’s dynamic activity in Africa, its innovation and the outlook for the future.

Read his interview

EXPERT OPINION

Marie-Hélène Duprat, Senior Advisor to the Chief Economist

The inexorable fall in nominal interest rates

Since the early 1980s, nominal interest rates in the developed world have been in consistent decline, reaching historically low levels. Many interest rates have now turned negative.

Read the analysis by Marie-Hélène Duprat, Senior Advisor to the Chief Economist

INNOVATION

Aymeril Hoang, Head of Innovation for Societe Generale

Open innovation; leverage for the Group’s transformation

Societe Generale’s Innovation approach is based on the creative force of its members of staff and on ties between internal communities and the innovation ecosystem. Aymeril Hoang, Head of Innovation for the Group, discusses this strategy.

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The Societe Generale Foundation celebrates its 10th anniversary

The Societe Generale Foundation celebrates its 10th anniversary!

Engagement with the wider society is a major focus of the Group's citizen commitment policy. It is expressed notably through the Societe Generale Corporate Foundation and its promotion of employee involvement. The Group is committed to working in the areas of professional integration, education and social inclusion through culture and sport.

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27/08/2019

Measuring our performance

Find below our previous Letters to Shareholders

Date Title Link
February 2019 Letter to Shareholders #114 - Understanding our Annuals Results 2018 Go to the page
Mai 2019 Letter to Shareholders #115 - Understanding our Q1 2019 Results Go to the page
June 2019 Letter to Shareholders #116 - Annual General Meeting held on 21 May 2019 Download PDF
August 2019 Letter to Shareholders #117 - Understanding our Q2 2019 Results Go to the page
Date Title Link
November 2018 Letter to Shareholders #113 - Understanding our 2018 Q3 Results Go to the page
August 2018 Letter to Shareholders #112 - Understanding our 2018 Q2 Results Go to the page
June 2018 Letter to Shareholders #111 - Annual General Meeting held on 23 May 2018 Download PDF
May 2018 Letter to Shareholders #110 - Understanding our 2018 Q1 Results Go to the page
February 2018 Letter to Shareholders #109 - Understanding our 2017 Annuals Results Go to the page
Date Title Link
November 2017 Letter to Shareholders #108 - Understanding our 2017 Q3 Results Go to the page
August 2017 Letter to Shareholders #107 - Understanding our 2017 Q2 Results Go to the page
June 2017 Letter to Shareholders #106 - Annual General Meeting held on 23 May 2017 Download PDF
May 2017 Letter to Shareholders #105 - Understanding our 2017 Q1 Results Go to the page
February 2017 Letter to Shareholders #104 - Understanding our 2016 Annuals Results Go to the page
Date Title Link
November 2016 Letter to Shareholders #103 - Understanding our 2016 Q3 Results Go to the page
August 2016 Letter to Shareholders #102 - Understanding our 2016 Q2 Results Go to the page
June 2016 Letter to Shareholders #101 - Annual General Meeting held on 18 May 2016 Download PDF
May 2016 Letter to Shareholders #100 - Understanding our 2016 Q1 Results Go to the page
February 2016 Letter to Shareholders #99 - Understanding our 2015 Annual Results Go to the page
Date Title Link
November 2015 Letter to Shareholders #98 - Understanding our 2015 Q3 Results Go to the page
August 2015 Letter to Shareholders #97 - Understanding our 2015 Q2 Results Go to the page
June 2015 Letter to Shareholders #96 - Annual General Meeting held on 19 May 2015 Download PDF
May 2015 Letter to Shareholders #95 - Understanding our 2015 Q1 Results Go to the page
February 2015 Letter to Shareholders #94 - Understanding our 2014 annual Results Go to the page
Date Title Link
November 2014 Letter to Shareholders #93 - Understanding our 2014 Q3 Results Go to the page
August 2014 Letter to Shareholders #92 - Understanding our 2014 Q2 Results Go to the page
June 2014 Letter to Shareholders #91 - Annual General Meeting held on 20 May 2014 Download PDF
May 2014 Letter to Shareholders #90 - Understanding our 2014 Q1 Results Go to the page
February 2014 Letter to Shareholders #89 - Understanding our 2013 Q4 & annual Results Go to the page
Date Title Link
November 2013 Letter to Shareholders #88 - 2013 Q3 Results (in French only) Download PDF
August 2013 Letter to Shareholders #87 - 2013 Q2 Results (in French only) Download PDF
June 2013 Letter to Shareholders #86 - 2013 Q1 Results (in French only) Download PDF
February 2013 Letter to Shareholders #85 - 2012 Q4 & annual Results (in French only) Download PDF
Date Title Link
November 2012 Letter to Shareholders #84 - 2012 Q3 Results (in French only) Download PDF
August 2012 Letter to Shareholders #83 - 2012 Q2 Results (in French only) Download PDF
June 2012 Letter to Shareholders #82 - 2012 Q1 Results (in French only) Download PDF
February 2012 Letter to Shareholders #81 - 2011 Q4 & annual Results (in French only) Download PDF
Date Title Link
November 2011 Letter to Shareholders #80 - 2011 Q3 Results (in French only) Download PDF
August 2011 Letter to Shareholders #79 - 2011 Q2 Results (in French only) Download PDF
June 2011 Letter to Shareholders #78 - 2011 Q1 Results (in French only) Download PDF
March 2011 Letter to Shareholders #77 - 2010 Q4 & annual Results (in French only) Download PDF