Top 10 Companies in France 2016

Posted in Top Brand Lists, Total Reads: 539
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3. Societe Generale

Societe Generale is a leading and oldest French multinational company offering banking and financial services founded in 1864.


Image: flickr-photos/myahyaorg/

The company started off its operations by a group of Industrialists with the intent to Support the Development of Commerce and banking Industry in France. Societe Generale is widely known and called as “SocGen” in the financial markets, & the company’s headquarters are situated in Paris, France.

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The company provides financial services in all five major banking operations which include Retail banking, Corporate banking, Investment banking, Global investment management and other banking services hence it is recognized as a universal bank. Based on its universal banking model, the Societe Generale group ensures it is putting its resources to efficiently finance the economy and its client’s businesses using the financial strength and network of the company. The company adopted various policies over the years with a strategy to generate sustainable growth and stability in the banking system.

The motto of SocGen is to “Build team spirit together” which focuses on satisfying customers, developing and maintaining long term relationships with its clients, institutions and businesses. The company provides advisory services also along with its primary financial services. Currently, the group employs over 150,000 people and serves more than 31 million customers around the world. SocGen group’s primary operations are in Europe, North America, and Latin America regions along with few other countries in Asia pacific and Africa which accounts to over 66 countries in the world. The company primarily focused on organic growth in its growth history over the years and well known for its efficiency in minimizing Risk, Costs and maintaining capital Discipline.

PARAMETERS:

Total Assets: $1449.6 billion

Net Sales: $28.4 billion

Net Profits: $4.4 billion