Société Générale Group pursues a profitable growth policy based on the selective development of its core activities through a combination of organic growth and acquisitions, and draws on a strong capacity for innovation geared towards satisfying its customers.  

3 strategic priorities: balanced business mix, long-term growth and operating efficiency.  

SOCIETE GENERALE’S FIVE CORE BUSINESSES:

1. French Networks
2. International Retail Banking
3. Financial Services
4. Global Investment Management & Services
5. Corporate & Investment Banking.

1. French Networks at the end of December 2008:

• 2 complementary distribution networks, namely Société Générale and Crédit du Nord, representing a total of 3,000 branches
• 9.6 million individual customers in France
• +13% in loans and +6% in deposits in 2008

2. International Retail Banking (outside France) at the end of December 2008:

• Present in 36 countries
• 3,700 branches and some 62,000 staff
• 12 million individual customers outside France
• Over 800,000 businesses

3. Financial Services

The Specialized Financial Services activities have seen substantial development over the last five years, and have rapidly become a major European player. The Société Générale Group’s Specialized Financial Services meet the financial and service needs of companies and individuals in France and abroad.

• Corporate financial services:
• Financing of the sales and the capital goods of professionals: European n°1 under the SG Equipment Finance brand name, and present in 22 countries
• Rental and running of computing equipment: European n°1 under the ECS brand name, and present in 16 countries
• Long-term Rental and running of fleets of vehicles: Worldwide n°3 under the ALD Automotive brand name, and present in 39 countries
• Household financial services:
• Consumer credit : the Group is present in 24 countries under various local brand names
• Insurance and life insurance : the Group is present in 14 countries under the SOGECAP, SOGESSUR brands and Société Générale Insurance, as well as some local brand names

4. Global investment Management & Services at the end of December 2008:

On January 29th 2009, Crédit Agricole S.A. and Société Générale have signed a preliminary agreement in order to combine their asset management operations. The combined entity will be the 4th largest asset manager in Europe and the 9th on a global basis, re-enforcing the importance of Paris as a major European financial centre.

• 11,00 staff worldwide
• 5th largest bank in the euro zone in terms of assets under management, with EUR 336 billion
• 3rd largest in terms of assets under custody, with EUR 2,560 billion
• The Global Investment Management and Services division incorporates 5 complementary business lines:
• Société Générale Asset Management
• SG Private Banking
• Société Générale Securities Services
• Newedge (multi asset brokerage)
• Boursorama (Online banking)

5. 5. Corporate and Investment Banking:

SGCIB assist issuer clients (corporates, financial institutions, public sector, investment funds) with their financing or investment projects in a spirit of long-term partnership, constantly looking to devise and implement appropriate high-performance, integrated solutions that combine their expertise in the three areas of excellence in which the bank has developed a leadership position and cutting-edge know-how in recent years.

Societe Generale Corporate & Investment Banking (SGCIB) is the bank of reference for:

• Euro capital markets
• Derivatives
• Structured finance
• Present in 45 countries covering Europe, the Americas and Asia-Pacific, Around 12,000 staff worldwide with more than 50% based outside France
• NBI: EUR 4.017 bn in 2008

SOCIETE GENERALE’S PROFILE:

• One of the leading financial services groups in Europe
• 163,082 employees from 122 nationalities in 82 countries, 63% outside mainland France
• NBI of EUR 7,191 bn and net income of Group of EUR 1.296 bn in 2008
• 35,814 recruitments in the world over the 2008 financial year (12,048 hired on fixed-term contracts and 23,766 on permanent contracts), included 7,806 in France
• More than 75,000 employees and former employees around the globe are now Société Générale shareholders, accounting for 7.1% of the Group’s share capital at end-2008.

SOCIETE GENERALE’S COMMITMENTS:

This responsibility is integrated within all of our activities and all of the countries in which we are present. It implements the values that are shared throughout the Group - professionalism, team spirit and innovation - and is expressed by:

• Société Générale is listed on the main international sustainable development indices and is included in most ethical funds.
• Dynamic and responsible management of employees : signing, in 2004, of the Diversity Charter and creation, in 2005, of a Diversity Council….
• A demand for quality in client relations
• A well-established corporate governance policy that seeks to improve players’ involvement and favour openness
• Ever-increasing risk control and a strict internal control procedure
• A substantial code of ethics and intense fight against money laundering
• A participative innovation procedure
• An active sports sponsorship and patronage policy: music, modern and contemporary art, corporate citizenship, and the sponsoring of rugby, golf, bridge and disabled sport.

SOCIETE GENERALE’S FINANCIAL RATINGS (Feb. 28th 2009):

• AA- by Standard & Poors
• AA- by Fitch
• AA2 by Moody’s