Crédit Industriel et Commercial
| Crédit Industriel et Commercial (CIC) | |
|---|---|
|
|
| Country |
 France
|
| Seat | Paris |
| legal form | Corporation |
| BIC | CMCIFRPPXXX |
| founding | 1859 |
| Website | www.cic.fr |
| Business data | |
| Employee | 57,000 |
Crédit Industriel et Commercial ( CIC ) is a French group of regional banks . Bank Crédit Mutuel has held the majority of the shares since 1998 .
CIC offers various types of financial services. The focus is on SME financing . In this market segment, CIC has a customer share of around 34 percent.
CIC employs around 57,000 people in 4990 branches. It has the second largest branch network in France. CIC has branches in 47 countries and at the end of 2006 had total assets of 325 billion euros. The company's headquarters are in Paris .
The company was founded in 1859. The CIC includes the Banque CIAL , based in Strasbourg, as well as the Bank CIC (Switzerland) , based in Basel, and the Banque Pasche , based in Geneva. The CIC also owns 100% of the Banque de Luxembourg and Banque Transatlantique .
criticism
In September 2010, Crédit Industriel et Commercial, along with ten other banks, was fined € 381.1 million by the Conseil de la Concurrence . The banks had made an agreement according to which they would charge their customers 4.3 cents check fees per check from January 2002 to July 2007 in order to generate extra profits. This affected 80% of the checks used in France. Check transactions in France were free until 2002. After the intervention of the banking regulator, which called the profits "illegal", this practice was stopped. The banks of this cartel were also fined for further, excessive fees with a total of 3.8 million euros.
Web links
- cic.fr/de - Official German website of the bank (brief overview)
- cic.fr - Official website of the bank (French)
Individual evidence
- ↑ Entry in the BIC directory at SWIFT
- ↑ Archive link ( Memento of the original from October 8, 2007 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Banque Pasche, Presentation ( Memento of the original from March 6, 2008 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ↑ Archive link ( Memento of the original dated November 23, 2006 in the Internet Archive ) Info: The archive link was inserted automatically and has not yet been checked. Please check the original and archive link according to the instructions and then remove this notice.
- ^ Collusion in the banking sector . Press release of the Autorité de la concurrence of September 20, 2010, accessed on February 9, 2011
- ↑ French banks are supposed to pay millions in: Handelsblatt of September 21, 2010, accessed on February 9, 2011
