Société Générale LDG

Société Générale Lettres de Gage (LDG), Societe Generale Group's covered bond issuer. Société Générale LDG operates as a subsidiary of Societe Generale Bank & Trust.

Financials

Total Assets (2015)
156.00 mln EUR  (-82.80%)
Annual Profit (2015)
3.00 mln EUR 
Number of Employees (2015)

In 2015 total assets of Société Générale LDG were 156,00 mln EUR. In 2015 the bank's annual profit was 3,00 mln EUR. Société Générale LDG had 2 employees in 2015.

Société Générale LDG participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Société Générale LDG is a member of Société Générale (France).

Contacts

33, Boulevard Prince Henri, 1724, LUXEMBOURG, Luxembourg
+352 26 86 14 60
+352 26 86 14 69

Société Générale LDG was headquartered in LUXEMBOURG.

Bank Identifiers

MFI ID
LUB00366
Start Date
December 2011
Close Date
October 2018

Financial Positions

Total Assets (2015)
156.00 mln EUR  (-82.80%)

In 2015 total assets of Société Générale LDG were 156.00 mln EUR. Decline compared to the previous period (2014) was -82.80%. The evolution of the total assets of Société Générale LDG is shown at Chart 1 below.

Total Assets of Société Générale LDG.

Chart 1. Total Assets of Société Générale LDG.

Profit and Loss

Annual Profit (2015)
3.00 mln EUR 

Recent changes in gross profit of Société Générale LDG and its main components are shown in Table 1.

2015 2017 % change
Net Interest Income 4.0
Net Commission Income 0.0 0.0
Table 1. Recent changes in gross profit of Société Générale LDG (mln EUR).

In 2015 annual profit of Société Générale LDG was 3.00 mln EUR. The value didn't change compared to the previous period (2014). The evolution of the annual profit of Société Générale LDG is shown at Chart 2 below.

Annual Profit of Société Générale LDG.

Chart 2. Annual Profit of Société Générale LDG.

Number of Employees

Number of Employees (2015)

In 2015 there were 2 employees of Société Générale LDG. The value didn't change compared to the previous period (2014). The evolution of the number of employees of Société Générale LDG is shown at Chart 3 below.

Number of Employees of Société Générale LDG.

Chart 3. Number of Employees of Société Générale LDG.

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 credit institutions operating in Luxembourg are obliged to participate in Luxembourg deposit guarantee scheme.

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

Eligible Depositors  natural persons, small businesses with headquarters in EU
Covered Accounts  all cash deposits
Covered Currencies  all
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

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 Société Générale LDG is shown in the table below.

MFI ID  LUB00366

European Presence: 23 banks in 18 countries

Société Générale LDG operated 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

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

  • (this bank) Société Générale LDG (LUXEMBOURG)

Netherlands