SOCIETE GENERALE

Established in 1864, Société Générale is one of the largest French banks. Société Générale is a universal bank, offering its clients retail, corporate, investment banking products and services as well as private banking and asset management. SOCIETE GENERALE operates as a branch of Société générale (France).

Bank Category

Branches of foreign banks

Financials

Total Assets (2017)
781.19 mln EUR  (-47.23%)

SOCIETE GENERALE is the 46th largest bank in Belgium in terms of total assets. In 2017 its total assets were 781,19 mln EUR, providing the bank with the market share of 0.07%.

SOCIETE GENERALE participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

Rue des Colonies, 11, 75009, BRUXELLES, Belgium

SOCIETE GENERALE is located in BRUXELLES.

Bank Identifiers

BIC (SWIFT)
SGABBEB2
MFI ID
BE0455297412

Financial Positions

Total Assets (2017)
781.19 mln EUR  (-47.23%)

In 2017 total assets of SOCIETE GENERALE were 781.19 mln EUR. Decline compared to the previous period (2016) was -47.23%. The evolution of the total assets of SOCIETE GENERALE is shown at Chart 1 below.

Total Assets of SOCIETE GENERALE.

Chart 1. Total Assets of SOCIETE GENERALE.

Recent changes in total assets of SOCIETE GENERALE and its main components are shown in Table 1.

2016 2017 % change
Cash and deposits with Central Banks 75.0 90.2 +20.34%
Loans to banks 197.2 191.9 -2.67%
Loans to customers 389.6 390.3 +0.19%
Total Assets 1 480.2 781.2 -47.23%
Table 1. Recent changes in total assets of SOCIETE GENERALE (mln EUR).

Recent changes in total liabilities of SOCIETE GENERALE and its main components are shown in Table 2.

2016 2017 % change
Bank deposits 244.5 241.8 -1.12%
Customer deposits 443.3 459.7 +3.70%
Total Liabilities 1 480.2 781.2 -47.23%
Table 2. Recent changes in total liabilities of SOCIETE GENERALE (mln EUR).

Market Share and Rank (among banks in Belgium)

Total Assets (2017)
46th (market share 0.07%)

In 2017 SOCIETE GENERALE was ranked the 46th largest bank in Belgium in terms of total assets, having 0.07% of the domestic market share.

Market share of SOCIETE GENERALE (among banks in Belgium)

Chart 2. Market share of SOCIETE GENERALE (among banks in Belgium)

Several banks having the market shares and ranks closest to SOCIETE GENERALE are shown below.

RankNameTotal AssetsMarket Share
45 CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK848.43 mln EUR0.08%
46 SOCIETE GENERALE781.19 mln EUR0.07%
47 Edmond de Rothschild (Europe) (new)754.66 mln EUR0.07%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of EEA-banks operating in Belgium participate in deposit guarantee schemes of their home countries. This means that SOCIETE GENERALE participates in the deposit guarantee scheme of France.

In the case of SOCIETE GENERALE failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)
Covered Currencies  all currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of SOCIETE GENERALE and its components are shown in the table below.

BIC  SGABBEB2
Bank BIC Code  SGAB
Country Code  BE (Belgium)
Location Code  B2
Branch Code  -

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of SOCIETE GENERALE is shown in the table below.

MFI ID  BE0455297412

European Presence: 23 banks in 18 countries

SOCIETE GENERALE operates under the brand name Societe Generale. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Austria

Belgium

  •  (this bank) SOCIETE GENERALE (BRUXELLES)

Cayman Islands

Cyprus

France

Germany

Ireland

Italy

Luxembourg

Montenegro

Netherlands

Poland

Serbia

Spain

Sweden

Switzerland

Turkey

United Kingdom

Defunct Banks: 2 banks in 2 countries

The following banks operating under Societe Generale brand name has been recently closed down:

Luxembourg

Netherlands