Societe Generale’s European businesses on strong recovery path
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Dubai: Societe Generale, one of the largest European financial services groups, is making a solid turnaround in commercial and financial performance after going through very challenging operating conditions for the last few years said Frederic Oudea, CEO of Societe Generale.
“We continue to operate in a very challenging environment with very low interest rates and even negative rates. We have shown in the first nine months that our business model is a good one. Overall resilient French retail franchise has supported us,” said Oudea.