Financing Tomorrow: Banking Across Generations (ft. Slawomir Krupa, CEO of Societe Generale)

Banks are more than just institutions. With over 4,000 years of history, they have played a pivotal role in powering industrial revolutions, transforming dreams into reality, and adapting to the evolving needs of clients across generations. From economic booms to busts, they have stood the test of time, channeling funding like the lifeblood of the economy and serving as critical cogs in the machinery of society. Banks have turned the alchemy of compound interest—Einstein’s “8th wonder of the world”—into a driving force behind economic growth.

In this episode of 2050 Investors, Kokou Agbo-Bloua dives into the essential role of banks and the foundations of the global banking system. Through his analysis, he explores the power of compound interest, the history of banking and the evolution of business models and regulatory frameworks. Highlighting their role as financial intermediaries, Kokou unpacks how they contribute to societal and economic progress through fractional reserve banking.

Later in the episode, Kokou interviews Slawomir Krupa, CEO of Societe Generale, as the bank marks its 160th anniversary. Slawomir reflects on how Societe Generale has remained true to its original mission of combining innovation with strength in its business model. He discusses the bank’s focus on sustainability and responsibility, emphasizing its vital role in financing the economy, supporting transformational projects, and offering strategic advice to clients to drive these developments. He also shares insights on how climate change and AI are driving institutions to reinvent themselves.

This episode is a compelling exploration of the past, present, and future of banking, offering fresh insights into how this age-old institution continues to influence our lives and economies.

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