Crédit Mutuel
Crédit Mutuel is a French cooperative banking group, one of the country's top five banks with over 30 million customers. It traces its origins back to the German cooperative movement inspired by Friedrich Wilhelm Raiffeisen in Alsace–Lorraine under German rule, in the 1880s. Crédit Mutuel was a member of the International Raiffeisen Union (IRU).
Headquarters of Crédit Mutuel Alliance Fédérale in the Wacken neighborhood of Strasbourg, France | |
| Company type | Credit union |
|---|---|
| Industry | Financial services |
| Predecessor | 27 February 1882 first bank based on the Raiffeisen model |
| Founded | 10 September 1947 first cooperative bank of Crédit Mutuel |
| Headquarters | Paris , France |
Key people | Nicolas Théry, President of the National Confederation and of Crédit Mutuel Alliance Fédérale; Julien Carmona, president of Crédit Mutuel Arkéa |
| Products | Banking, corporate banking, private banking and insurance |
| Revenue | €20.4 billion (2022) |
| €7 billion (2022) | |
Net income | €4.1 billion (2022) |
| Total assets | €1.108 trillion (2022) |
| Total equity | €68.6 billion (2022) |
Number of employees | 83,636 (2022) |
| Website | creditmutuel |
Crédit Mutuel has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.
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