Société Générale Financing and Distribution

Société Générale Financing and Distribution is a subsidiary of Societe Generale Bank & Trust.

Financials

Total Assets (2016)
24.00 mln EUR  (-17.24%)
Annual Profit (2016)
2.00 mln EUR  (-75.00%)
Number of Employees (2016)
 (+20.00%)

In 2016 total assets of Société Générale Financing and Distribution were 24,00 mln EUR. In 2016 the bank's annual profit was 2,00 mln EUR. Société Générale Financing and Distribution had 6 employees in 2016.

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

Société Générale Financing and Distribution is a member of Société Générale (France).

Contacts

33, Boulevard Prince Henri, 1724, LUXEMBOURG, Luxembourg
+352 28 22 96 31
+352 28 22 96 39

Société Générale Financing and Distribution is headquartered in LUXEMBOURG.

Bank Identifiers

BIC (SWIFT)
SGDILULL
MFI ID
LUB00378
Start Date
July 2012

Financial Positions

Total Assets (2016)
24.00 mln EUR  (-17.24%)

In 2016 total assets of Société Générale Financing and Distribution were 24.00 mln EUR. Decline compared to the previous period (2015) was -17.24%. The evolution of the total assets of Société Générale Financing and Distribution is shown at Chart 1 below.

Total Assets of Société Générale Financing and Distribution.

Chart 1. Total Assets of Société Générale Financing and Distribution.

Profit and Loss

Annual Profit (2016)
2.00 mln EUR  (-75.00%)

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

2016 2017 % change
Net Interest Income 1.0
Net Commission Income 3.0 0.0
Table 1. Recent changes in gross profit of Société Générale Financing and Distribution (mln EUR).

In 2016 annual profit of Société Générale Financing and Distribution was 2.00 mln EUR. Decline compared to the previous period (2015) was -75.00%. The evolution of the annual profit of Société Générale Financing and Distribution is shown at Chart 2 below.

Annual Profit of Société Générale Financing and Distribution.

Chart 2. Annual Profit of Société Générale Financing and Distribution.

Number of Employees

Number of Employees (2016)
 (+20.00%)

In 2016 there were 6 employees of Société Générale Financing and Distribution. Growth compared to the previous period (2015) was 20.00%. The evolution of the number of employees of Société Générale Financing and Distribution is shown at Chart 3 below.

Number of Employees of Société Générale Financing and Distribution.

Chart 3. Number of Employees of Société Générale Financing and Distribution.

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 Financing and Distribution 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

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 Société Générale Financing and Distribution and its components are shown in the table below.

BIC  SGDILULL
Bank BIC Code  SGDI
Country Code  LU (Luxembourg)
Location Code  LL
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 Société Générale Financing and Distribution is shown in the table below.

MFI ID  LUB00378

European Presence: 23 banks in 18 countries

Société Générale Financing and Distribution 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

Cayman Islands

Cyprus

France

Germany

Ireland

Italy

Luxembourg

  • (this bank) Société Générale Financing and Distribution (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