Société Générale Wednesday warned that the economic environment would remain challenging throughout the year, as the French bank confirmed it made a modest fourth-quarter net profit and declared a €1.2 dividend per share.

Société Générale said it posted €87m ($109.5m) in fourth-quarter net profit compared with a €3.35bn loss in the same period last year, resulting from the alleged trade scandal that shook the foundations of the bank more than a year ago. For the full year, Société Générale said it made a €2.01bn net profit compared with €947m in 2007.