Credit Cooperatif

Credit CooperatifCredit Cooperatif is a French cooperative bank, that provides all traditional banking services. Customers, both clients, and associates hold 80% of their capital and form the Board of Directors.

Credit Cooperatif Group includes the Credit Credit Cooperatif bank, its subsidiaries, and associated credit institutions. Credit Cooperative is a member of Groupe BPCE and has the status of Banque Populaire.

Credit Cooperatif is a full-fledged bank, it provides all types of banking products and services (however, it focuses mainly on the savings and loans). There are also provided investment banking and banking cards.

The bank’s mission is to implement services for the social and solidarity economy. Following the logic of cooperative response to members’ needs, it develops activities in co-production with its customers. It creates and manages financial tools dedicated to mutual guarantee funds for medical and social associations, social tourism, for innovative associations, etc. For SMEs / SMI, with their federations and unions, it created financial guarantee cooperatives to facilitate their access to credit.

Credit Cooperatif is primarily known for his role of microcredit in France. According to the annual Microfinance Observatory Report for 2010 published by the Bank of France, 19% of personal microcredits in France in 2010 were provided by the Credit Cooperatif.

Financial data:

Equity (2011): € 1.391 billion
Revenue (2011): € 406.3 million
Net profit (2011): € 51.2 million

Headquarters location:

Rue des Trois Fontanot 33
Parc de la Défense
92002 Nanterre

Credit Cooperatif Contacts:

Phone: 01 47 24 85 00

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