Friday, September 22, 2023
HomeearningsSocGen posts 28% profit slump but sees growth in Africa, Russia

SocGen posts 28% profit slump but sees growth in Africa, Russia

  • The lender's traditional domestic retail business continues to be plagued by the challenge of persistently low interest rates.
  • The trend towards pursuing opportunities in markets such as Africa, Russia and central and eastern Europe is set to persist, according to Cabannes.

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