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.
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).
Société Générale LDG was headquartered in LUXEMBOURG.
|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.
Chart 1. Total Assets of Société Générale LDG.
|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.
|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.
Chart 2. Annual Profit of Société Générale LDG.
|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.
Chart 3. Number of Employees of Société Générale LDG.
|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|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
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.
The following banks operating under Societe Generale brand name has been recently closed down: