Q1 2025 BRD Groupe Societe Generale SA Earnings Call Transcript
Hello, everyone. Nice to have you all on our regular presentation of the results this time for the first quarter of this year. I will remind that the financial information which we present is no audited and it is IFRS based, and it represents our group level financials. Now, I'm moving to the first slide, the introduction, the executive summary of our presentation. And usually, I will start with the commercial activity, which again, as many quarters in a row has been very vivid.
We have increased our loan portfolio by 21% year on year, where, again, the corporate lending activity has been a very important contributor with 31% yearly growth. Again, our individual's retail business recorded important production, 1.9 billion run in consumer loans and 1.4 billion run in housing loans. This production represents 31% growth in terms of production compared to last year and 59% on the housing loans in terms of production compared to last year.
So related to the -- our commit to -- our commitment to the sustainability
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