This page is dedicated to providing an overview of the Banque Credit Agricole one of the leading French banks. Banque Credit Agricole offers a number of banking and financial services to the French consumer market.
The Formation Of Banque Credit Agricole
Calyon was created in May 2004 by the transfer of assets from Credit Lyonnais’ Banking and Corporate division to Credit Agricole Indosuez (CAI). This was created in 1996 with the purchase of Banque Indosuez by Credit Agricole.
As of February 6, 2010, Calyon changed its name to Credit Agricole Corporate and Investment Bank.
Te Activities of the Credit Agricole is grouped into two major divisions such as The Financing Division and The Capital Markets and Investment Banking Division.
Banque Credit Agricole is a banking corporation that is considered a leader in banking businesses in Europe. It is the retail bank leader in France and in Europe.
Below are some important facts about Banque Credit Agricole:
- Banque Credit Agricole has over 11,500 branches all over the world and the expertise of the specialized subsidiaries give Credit Agricole an effective presence in the areas of finance and banking. More than 160,000 employees work in Banque Credit Agricole satisfying the banking requirements of over 59 million customers in 70 countries.
- Banque Credit Agricole intends to fulfill its role as a leading European player. It complies with its commitments that came from its mutualist background. Banque Credit Agricole development is committed to responsible growth.
- Banque Credit Agricole is positioned in 3 major and sustainable development indexes.
Banque Credit Agricole In The World
Banque Credit Agricole is a committed and responsible operator as it became a signatory to the United Nations Global Compact in 2003. It also became a constituent of the main sustainable indexes: ASPI Eurozone since 2004; FTSE4Good since 2005; DJSI since 2008. And finally, it also became a signatory to the Climate Principles in 2008.
In the late 2007, Banque Credit Agricole was named the “Global Bank of the Year” by The Banker Magazine. This is due to the fact that the bank is responsible in such endeavors as social and environmental responsibility policies.
In early 2008, Banque Credit Agricole SA gave a further practical demonstration regarding its commitment to responsible banking when it signed the Diversity Charter along with eight subsidiaries. This was followed by Sofinco and Finaref units. Banque Credit Agricole is also committed to making a commitment to fight poverty by helping to set up the Grameen Credit Agricole Foundation.
Banque Credit Agricole was formally founded in May 1, 2004 and has its headquarters in Paris, France.