Societe Generale S.a. Class A · EURONEXT:GLE
Societe Generale S.a. Class A — 2017 Global Financial Services Conference
14 slides from Societe Generale S.a. Class A's conference presentation, May 30, 2017
Slide 1: Societe Generale 2017 Global Financial Services Conference
SOCIETE GENERALE 2 0 1 7 G L O BAL F IN AN C IAL SERVIC ES C O N F ER EN C E PHILIPPE HEIM, CFO NEW YORK 30.05.2017
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements relating to the targets and strategies of the Societe Generale Group. These forward-looking statements are based on a series of assumptions, both general and specific, in particular the application of accounting principles and methods
Slide 3: Q1 17: Robust commercial and financial performance from core businesses
1 – I N TR O D U C TI O N Q1 17: ROBUST COMMERCIAL AND FINANCIAL PERFORMANCE FROM CORE BUSINESSES Revenues from Core Businesses up +4.0% Core Businesses NBI vs. Q1 16 Good momentum in International Retail Banking and Financial Services and Global Banking and Investor Solutions EUR 6.5bn +4.0% Costs
Slide 4: Capturing growth from a diversified and integrated business model
2 – GROUP CAPTURING GROWTH FROM A DIVERSIFIED AND INTEGRATED BUSINESS MODEL Core Businesses Net Banking Income (in EUR m) 6,427 6,518 Fast growth in International Retail Banking and Financial 6,266 Services and solid revenues in Global Banking and Investor Solutions more than compensate impact of lo
Slide 5: Structural decrease in cost of risk
2 – GROUP STRUCTURAL DECREASE IN COST OF RISK French Retail Banking 56 43 Prudent credit origination, improvement in debt 36 31 Commercial Cost collection of Risk (bp) 2014 2015 2016 Q1 17 International Retail Banking and Financial Services 123 102 64 Structural de-risking of portfolio 35 Commercial
Slide 6: Strong balance sheet
2 – GROUP STRONG BALANCE SHEET CET1(1) at 11.6%, up +10bp vs. Q4 16 Change in Fully Loaded CET1(1) ratio (in bp) Circa 400bp buffer above SREP requirement Hybrid coupons -3bp -8bp +5bp -4bp +20bp 11.5% 11.6% TLAC ratio already exceeding 2019 FSB requirements: 21.5% of RWA and 6.1% of leverage exposu
Slide 7: Leverage on synergetic model to grow fee business
3 – B U S I N E S S R E S U L TS - F R E N C H R E TA I L B A N K I N G LEVERAGE ON SYNERGETIC MODEL TO GROW FEE BUSINESS Optimising synergies Business customers: offer a global approach to establish the Group as main banker SG Entrepreneurs for SME “Espace Pro” for Professionals Accompanying Corpor
Slide 8: Accelerate the transformation
3 – B U S I N E S S R E S U L TS - F R E N C H R E TA I L B A N K I N G ACCELERATE THE TRANSFORMATION Increased autonomy on day-to-day banking transactions Expertise at-hand on value-added products and services c ~700 self service areas implemented for Societe Generale Business Customers: and Credit
Slide 9: Ideally positioned to capture growth
3 – B U S I N E S S R E S U L TS - I N TE R N A TI O N A L R E TA I L B A N K I N G A N D F I N A N C I A L S E R V I C E S IDEALLY POSITIONED TO CAPTURE GROWTH IMF GDP Growth Estimates Supportive macroeconomic conditions Healthy growth in Central and Eastern Europe 4,8% 4,2% Russian economy returni
Slide 10: Strong returns, with further upside potential in International Retail
3 – B U S I N E S S R E S U L TS - I N TE R N A TI O N A L R E TA I L B A N K I N G A N D F I N A N C I A L S E R V I C E S STRONG RETURNS, WITH FURTHER UPSIDE POTENTIAL IN INTERNATIONAL RETAIL Return On Normative Equity by Business (1) Potential for higher returns in International Retail Banking 26
Slide 11: Sustainable revenues while increasing market shares on key franchises
3 – B U S I N E S S R E S U L TS – G L O B A L B A N K I N G A N D I N V E S TO R S O L U TI O N S SUSTAINABLE REVENUES WHILE INCREASING MARKET SHARES ON KEY FRANCHISES Net Banking Income (in EUR bn) Less volatile and resilient NBI over the last 3 years AVERAGE: EUR 2.3bn Successful transformation t
Slide 12: 2017: Continued successful adaptation
3 – B U S I N E S S R E S U L TS – G L O B A L B A N K I N G A N D I N V E S TO R S O L U TI O N S 2017: CONTINUED SUCCESSFUL ADAPTATION Be at the forefront of innovation and digitalisation Continue to foster operational efficiency Innovative hybrid solution for insurance Global view and precise con
Slide 13: 2017: Getting ready for the new strategic phase
4 – CONCLUSION 2017: GETTING READY FOR THE NEW STRATEGIC PHASE Q1 17: Good performance in all businesses Continued structural transformations New simplified organisation with even higher focus on customer satisfaction, agility and compliance Groupwide roll-out of the Culture and Conduct Programme St
Slide 14: Societe Generale Investor Relations
SOCIETE GENERALE INVESTOR RELATIONS +33 (0)1 42 14 47 72 investor.relations@socgen.com www.societegenerale.com/en/investors
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