Societe Generale Group's profit exceeded expectations

In spite of the unfavorable market conditions, Societe Generale Group, one of the world's largest banking groups, keeps achieving positive results in 2009. In the second quarter of the year, the Group exceeded analysts' expectations and registered net profit of 309m EUR, which led to significant increase in value of the Group's stocks.

International network of Societe Generale Group, the division that includes Societe Generale Serbia, contributed to the Group's profit with 122m EUR.