Société Générale : BoursoBank Wants to Cross the Course of 14 Million Customers by 2029
4 Articles
4 Articles
BoursoBank, Société Générale's online bank, targets more than 14 million customers by 2029, compared to 9.1 million at the end of June. The group also wants to improve the profitability of its subsidiary and expand its savings activities.
The subsidiary of the Société générale currently has 9.1 million users. Its rise in power is likely to be costly for its parent company, even if new tax rules reduce the problem.
The bank has ambitious targets for its online subsidiary, relying on strong customer growth and increased profitability.
The bank has presented its new strategic plan by 2029. It could return up to 21 billion euros to its shareholders by then and targets more than 14 million customers for its subsidiary BoursoBank.
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