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Here at FxPro, we’re delighted to offer our clients the opportunity to invest in Société Générale, through our CFDs Product. This is one of the largest French financial conglomerates in Europe.
According to the official open sources, the company’s history began in 1864. Headquarters is located in Paris, France.
A bank called Société Générale pour favoriser le développement du commerce et de l’industrie en France was founded by a group of industrialists and financiers during the Second Empire.
The bank developed dynamically, by 1870 it had 15 branches in Paris and another 32 branches in the rest of France. In 1871 a representative office was opened in London. In the same year, the Frankfurt world was signed between France and Germany, which ended the Franco-Prussian war, in which France paid Germany 5 billion francs of indemnity. This led to the rapid growth of the German economy, while in France a prolonged decline began. But despite the crisis, Société Générale continued to develop and by 1889 it already had 148 branches.
The 1930s were a period of recession, the bank was most active in locating numerous loans to France and its colonies. During the Second World War, the bank engaged in the development of the African and American markets. In 1945, the Société Générale was nationalized.
In 2008, one of Société Générale traders, Jérôme Kerviel, caused a loss of € 4.9 billion to the bank, speculating on the bank’s money for personal use. In 2010, he was convicted and sentenced to 5 years in prison.
Today this brand is listed on the Euronext and its name is firmly established in our life.
Société Générale stock price is subject to the observations of many traders in the world. At the beginning of 2019, Société Générale share price was 27,85 EUR.
Among the reasons to keep a close eye to the CFDs on SocGeneral securities is the strong volatility that can be observed during the day-to-day trading sessions.
On this page, you can take a look at the Société Générale share price chart to make your own responsible decision to buy or to sell it on the FxPro trading platforms.
In order to trade shares successfully, be sure to follow corporate reports and actual data that are regularly published on the major news portals.
Also, keep a close eye to the Dividend calendar at the FxPro official website. According to it, сlients, holding “Buy” positions on the ex-div date will receive a dividend in the form of a cash adjustment (deposit). Clients, holding “Sell” positions on the ex-div date will be charged the dividend amount in the form of a cash adjustment (withdrawal).
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