Societe Generale SA (WBO:GLE)
€ 27.01 0.29 (1.09%) Market Cap: 21.25 Bil Enterprise Value: 10.88 Bil PE Ratio: 8.58 PB Ratio: 0.32 GF Score: 60/100

Societe Generale SA French Retail Banking Event (Virtual) Transcript

Dec 07, 2020 / 08:00AM GMT
Release Date Price: €17.78 (-2.58%)
Philippe Aymerich;tÃ;GÃ;nÃ;rale SociÃ;tÃ;Anonyme;Deputy CEO
SociÃ

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Good morning, everyone. I'm very happy and proud to introduce this presentation of Société Générale's strategic orientations in French Retail. In late September, we started a study on the creation of a new retail bank in France through the combination of Société Générale and Crédit du Nord.

During the last 2 months, more than 500 people work to design this new bank: executive, obviously, but also bankers who interact daily with customers, and experts who master new technologies. I would like to thank all of them. They work on this project with team spirit, sense of innovation and [patience]. Thanks to their hard work, we are here today to present a new retail bank in France, a bank with ambition for its clients and its teams, a bank efficient, profitable, a bank with character. The same dynamic has been in action in Boursorama to prepare the next step of the exciting trajectory of this bank.

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