Societe Generale’s Greek unit funding exposure ‘very modest’
Societe Generale SA has “very modest exposure” in funding its Greek unit, Chief Executive Officer Frederic Oudea said at an investor conference in New York on Tuesday.
Societe Generale’s funding exposure to Geniki is of about 300 million euros “through equity and hybrids,” Oudea said.
Societe Generale is France’s second-largest bank by market value.
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