CREDIT AGRICOLE
Crédit Agricole Group (French: [kʁedi aɡʁikɔl]), sometimes called La banque verte (pronounced [la bɑ̃k vɛʁt], lit. 'The green bank', due to its historical ties to farming),[4] is a French international banking group and the world's largest cooperative financial institution. It is the second largest bank in France, after BNP Paribas, as well as the third largest in Europe and tenth largest in the world.[5] It consists of a network of Crédit Agricole local banks, 39 Agricole regional banks and a central institute, the Crédit Agricole S.A.. It is listed through Crédit Agricole S.A., as an intermediate holding company, on Euronext Paris' first market and is part of the CAC 40 stock market index. Local banks of the group owned the regional banks, in turn the regional banks majority owned the S.A. via a holding company, in turn the S.A. owned part of the subsidiaries of the group, such as LCL, the Italian network and the CIB unit. It is considered to be a systemically important bank by the Financial Stability Board.
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About CREDIT AGRICOLE
- Company typePublic , Cooperative
- IndustryFinancial services
- Founded5 November 1894 ; 130 years ago ( 1894-11-05 )
- HeadquartersMontrouge , France
- Key peopleDominique Lefebvre ( chairman ) Philippe Brassac ( CEO )
- ProductsConsumer banking corporate banking investment banking insurance private banking private equity mortgage loans credit cards investment management wealth management asset management mutual funds exchange-traded funds index funds
- Revenue€ 38.16 billion (2022) [ 2 ]
- Number of employees145,000 (2022) [ 2 ]
- Websitecredit-agricole .com
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