Crédit Agricole
Crédit Agricole Group (French: [kʁedi aɡʁikɔl]), sometimes called La banque verte (lit. 'The green bank', due to its historical ties to farming), 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. 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.
Since 2010, Crédit Agricole has been headquartered in a remodeled former Schlumberger plant in Montrouge, known as Campus Evergreen | |
Company type | Public, Cooperative |
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Traded as |
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Industry | Financial services |
Founded | 5 November 1894 |
Headquarters | Montrouge , |
Area served | Worldwide |
Key people |
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Services |
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Revenue | €38.16 billion (2022) |
€13.70 billion (2022) | |
Net income | €8.14 billion (2022) |
AUM | €1.90 trillion (2022) |
Total assets | €2.37 trillion (2022) |
Total equity | €133.7 billion (2022) |
Number of employees | 145,000 (2022) |
Subsidiaries |
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Capital ratio | 14.4% (CET1) |
Website | credit-agricole |
Footnotes / references Crédit Agricole Group's 2016 consolidated financial statement |
It was the title sponsor of the Crédit Agricole professional road cycling team from 1998 to 2008.
Crédit Agricole 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.