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During the interwar period, the Bank became the leading French credit institution in terms of deposits. At the same time, Societe Generale began to build an international reach by financing infrastructure essential to the economic development of a number of countries in Latin America, Europe and North Africa.
Feb 16, 2017 · Our History. Founded by a group of entrepreneurs in 1864 “to promote the development of trade and industry in France”, Societe Generale has fully embraced its role of supporting companies’ development. Today, Societe Generale continues to cultivate this entrepreneurial spirit as we build our future together.
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Starting in 1894, the bank set up the structures characterising a large, modern credit institution. As well as collecting company and private deposits, its branches started to provide short-term operating credits for industrialists and traders.
- Worldwide
- Financial services
- 4 May 1864; 159 years ago
- Société Anonyme
| societe generale group | universal registration document 2022 5 key figures and profile of societe generale 1.1 history 7 1.2 profile of societe generale 8 1.3 a strategy of profitable and sustainable development, based on a diversified and integrated banking model 11 recent developments and outlook 14 1.4 the group’s core businesses 16
1945: As one of France's four largest deposit banks, Société Générale is nationalized by the French government. 1974: Firm establishes Soginnove, France's first venture capital company. 1975: Agrifan, a food products trading company, is launched. 1980: Firm acquires controlling share of London-based brokerage Strauss Turnbull and Company.
The ownership structure of SSB Bank changed. Societe Generale, one of the largest banks in the world acquired controlling shares (46.7% ) in SSB Bank thus making SSB Bank a subsidiary of Société Générale. · Tender offer – July 2003 Société Générale increased shareholding to 51%. SSB Bank becomes SG-SSB Ltd – 31 March 2004
Aug 5, 2013 · 1894–1930. Starting in 1894, the bank set up the structures characterising a large, modern credit institution. As well as collecting company and private deposits, its branches started to provide short-term operating credits for industrialists and traders.
