SUPPORTING EMPLOYMENT AND THE ECONOMY In over 25 countries, Societe Generale works in partnership with international financial institutions. These relationships enable it to provide the financing solutions necessary for business development, notably for small and medium-sized businesses. In 2014, the Group further reinforced this cooperation, building relations with nearly 20 institutions and, notably, with the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), the Council of Europe Development Bank (CEB), the International Finance Corporation (IFC) and the French Development Agency (AFD). SOCIETE GENERALE 2014-2015 I 45 THE LOCAL ECONOMY ABENGOA A TRUSTED PARTNERSHIP WITH A SPANISH LEADER IN SUSTAINABLE DEVELOPMENT In 2014, Societe Generale worked alongside Abengoa, the green technology and renewable energy group, on its high-yield green bond issue - the first in Europe - playing the role of joint book-runner in this €300 million transaction. Societe Generale has been partenering the highly innovative leader in sustainable development since the 1990s. Becoming a trusted partner and one of its main banks, the Group has taken part in all the company’s major bond issues since its first one, completed in 2009. “Societe Generale has demonstrated a strong capacity to support its strategic clients, displaying deep understanding of our business and our financing needs,” commented Jesús García Quilez, Abengoa’s Finance Director. “Their continuous and long-term support in our structuring and strategic financing transactions, and their help in our day-to-day business, make Societe Generale a reliable and essential partner.” www.abengoa.com AFRICA €12.5m Proparco, a subsidiary of the French Development Agency, signed an agreement for €12.5 million with Societe Generale Chad in 2014. $20m A new financing facility was signed with Ghana, with a commitment to allocate $10 million to the agricultural sector. $30m Societe Generale in Ghana is also cooperating with the IFC on a financing facility dedicated to the business sector. These facilities help meet the growing demand from local SMEs for the financing of loans and projects but also help to support economic activity and employment in African countries. CZECH REPUBLIC €75m Is the budget Komerční banka, Societe Generale’s subsidiary in the Czech Republic, has set up with the EIB to finance SMEs seeking to employ one or more young persons aged between 15 and 29 years old through the Jobs for Youth programme. €100m Komerční banka has also organised a facility with the CEB to finance improvements in the living conditions in both urban and rural zones as well as for environmental protection. www.societegenerale.com/csr
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