- CEO
- Slawomir Krupa
- Full Time Employees
- 111,754
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 29, boulevard Haussmann Paris France 75009
- IPO Date
- Nov 18, 1996
- Business
- Société Générale S.A. (SCGLY) is a leading European universal bank and financial services provider that operates through three complementary business lines: French Retail Banking, Private Banking and Insurance; Global Banking and Investor Solutions; and Mobility, International Retail Banking & Financial Services. In French Retail Banking, the Group offers comprehensive services through its SG Network of approximately 1,400 branches serving nearly 9 million individual, professional, non-profit and corporate clients with savings, wealth management, corporate finance, payment solutions and omnichannel access; BoursoBank, a leader in online banking, brokerage and financial information with over 7 million clients; private banking featuring global financial engineering, structured products, hedge funds, private equity, real estate investments and capital markets access; and Societe Generale Assurances providing life insurance savings, retirement savings, personal protection and non-life insurance to individual, business and corporate clients. Global Banking and Investor Solutions delivers high-value solutions including equity derivatives, cash equities, fixed income, foreign exchange, structured finance, ESG advisory, mergers and acquisitions, equity and debt capital markets, acquisition financing, leveraged buyouts, global transaction and payment services such as clearing, correspondent banking, factoring, supply chain and trade finance, and securities services encompassing custody, depositary banking, fund administration, ESG solutions, liquidity management and issuer services to corporates, financial institutions, asset managers and sovereigns across 50 countries. Mobility, International Retail Banking & Financial Services includes Ayvens, a global leader in sustainable mobility with operational vehicle leasing, fleet management, maintenance, insurance and related services in 43 countries serving 3.4 million vehicles; international retail networks in Central and Eastern Europe (e.g., Komerční banka in Czechia, BRD-Groupe Societe Generale in Romania), Africa (e.g., Côte d'Ivoire, Senegal, Cameroon), the Mediterranean Basin (Algeria, Tunisia) and overseas territories (La Réunion, Mayotte, French Polynesia, New Caledonia); and specialised financing such as consumer loans (via CGI Finance in France, BDK and Hanseatic Bank in Germany, among others), equipment and vendor finance. Société Générale serves 26 million clients across 62 countries with 119,000 employees, focusing on individual, business, corporate, institutional and public sector customers while integrating ESG offerings throughout its activities. Founded in 1864 and headquartered in the Tours Société Générale tower in La Défense, Nanterre (near Paris), France, the bank maintains a registered office in central Paris. Recent major changes include the January 2023 merger of its SG Network with Crédit du Nord to enhance regional focus and client responsiveness in French retail banking; the creation of Ayvens in 2023 through ALD Automotive's acquisition of LeasePlan, establishing a sustainable mobility leader; the early 2024 launch of Bernstein, a joint venture with AllianceBernstein for global equity research, cash equities and trading to bolster equity capital markets and derivatives; a September 2023 strategic plan targeting a 13% CET1 ratio, cost/income ratio below 60%, ROTE of 9-10% by 2026, and ESG goals like 80% oil and gas exposure reduction by 2030; divestitures of non-core African subsidiaries (e.g., Cameroon in 2025, others in Morocco, Côte d'Ivoire and elsewhere generating nearly €3 billion); agreements to sell Swiss private banking, UK/Channel Islands wealth management (to UBP, closing Q1 2025) and Equipment Finance (to Groupe BPCE); a partnership with Brookfield Asset Management for a €10 billion private debt fund; and expansion in U.S. consumer/retail banking with key appointments amid 12.6% Q2 2025 revenue growth in Americas consumer finance.