Societe Generale 2015 net profit up almost 50% to 4b euros
Published Thu, Feb 11, 2016 · 06:18 AM
[PARIS] French bank Societe Generale on Thursday reported its net profit rose almost 50 per cent to four billion euros (S$6.28 billion) in 2015, compared to a year earlier.
The results beat analyst expectations, but the bank warned it would fall short of its target for a 10 per cent return on equity this year due to tighter regulations and a difficult economic environment.
AFP
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