Societe Generale awarded "CEE best bank for financing" in the Euromoney Awards for Excellence 2020
The Euromoney Awards for Excellence honour institutions that have brought the highest levels of service, innovation and expertise to their customers.
It is with great pleasure to announce that Societe Generale has been awarded "CEE best bank for financing" in Euromoney's Awards for Excellence 2020. In addition, we received two other rewards "Excellence in leadership in Africa" and "Excellence in leadership in Western Europe". The Excellence in Leadership awards recognise the swift reaction and efforts of banks across the world in responding to the Covid-19 crisis.
The Euromoney Awards for Excellence honour institutions that have brought the highest levels of service, innovation and expertise to their customers. Established in 1992, they have been running for more than a quarter of a century and represent the ultimate accolade of success. This year Euromoney received almost 1,000 submissions from banks in close to 100 countries.
Societe Generale’s footprint in Central and Eastern Europe has changed fundamentally over the last four years. Indeed, the bank used to have one of the largest banking networks in the region, covering 13 countries from Albania to Georgia. Today, it has commercial banking subsidiaries in just three CEE markets – Russia, Romania and Czech Republic – plus corporate and investment banking operations in Poland and Turkey.
Societe Generale is the first of the big regional banks in CEE to adopt a targeted approach, selling up in smaller countries and those where the Group had insufficient scale so that it can focus more tightly on the largest and most important markets. Despite the fact this has limited our on-the-ground presence, it has not had a clear impact on the Group’s ability to provide financing solutions to clients across the region.
These awards reflect the ability and the commitment of our teams to respond to the needs of our clients, even when faced with such unprecedented challenges COVID-19 has presented.
Congratulations to all Societe Generale teams involved!