Societe Generale Group Presented 2020 Strategic and Financial Plan at an Investor Day
On 28 November Societe Generale Group held a traditional meeting with investors, where it presented 2020 Strategic and Financial Plan.
The Group is aimed at continuing to strengthen its positions on the Russian market. Societe Generale Group plans the significant rise in the revenue of its Russian subsidiary, Rosbank being a part of it, due to the improvements in economic environment and banking sector. The Group forecasts that the revenue growth rates of its business in Russia in the period from 2016 to 2020 will be 11% per year, and the return on equity will be no less than 16%.
For more detailed information, follow the link to the Group press release confined to Investor’s Day.