Crédit Agricole

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  Crédit Agricole SA
Country FranceFrance France
Seat Paris
legal form Corporation
ISIN FR0000045072
founding 2000
Business data 2018
Total assets 1,855 billion euros
Employee 140,882
Board of Directors Dominique Lefebvre
Board Philippe Brassac

Crédit Agricole SA (CASA), based in Paris, is the listed central institute of the cooperative Crédit Agricole group, one of the largest French commercial banks.

The bank is one of the 30 major banks that have been classified by the Financial Stability Board (FSB) as a “systemically important financial institution”. It is therefore subject to special monitoring and stricter requirements for the endowment with equity .

Cooperative organization

The Crédit Agricole Group is a cooperative banking group which, in addition to the listed Credit Agricole SA (CASA ), comprises 39 Caisses Régionales de Crédit Agricole Mutuel (regional cooperative banks ), which in turn consist of a total of 2544 individual cooperatives. The listed Credit Agricole SA (CASA) is 56.3% jointly held by the regional coffers and owns around 25% of their shares. The entire Credit Agricole Group operates 11,500 branches worldwide and, according to its own information, has around 54 million customers.

Business areas

  • Private customer business: While the Caisses Régionales fully cover the rural area, LCL (emerged from the former Crédit Lyonnais ) has a large market presence in the big cities. This combination gives the group a leading market share in many parts of the French territory. Internationally, the bank is represented in retail banking in Italy ( Cariparma ), Morocco ( Crédit du Maroc ), Egypt ( Crédit Agricole Egypt ), Serbia ( Crédit Agricole Srbija ), Ukraine ( Crédit Agricole Bank ) and Poland ( Crédit Agricole Bank Polska ).
  • Crédit Agricole Payment Services (CAPS) unit: Crédit Agricole Payment Services has a market share of around 30% in the payment services sector in France . Over ten billion transactions are processed every year. In 2017, CAPS also issued around 19 million cards. Since April 2018 there has been a cooperation with Wirecard AG to bring an online payment service for electronic commerce onto the market.
  • Specialized financial services: consumer credit, which operates under the name Sofinco in France and is represented in Germany by Creditplus Bank ; Factoring ; Leasing , insurance and asset management.
  • Financing and investment bank: Crédit Agricole Corporate & Investment Bank (formerly Calyon), which acts for large customers. Crédit Agricole Corporate & Investment Bank originally emerged from the merger of Banque de l'Indochine with Banque de Suez to form Banque Indosuez and parts of Crédit Lyonnais acquired in 2002 . This gives Crédit Agricole an excellent market presence in the former French territories of Asia. In this division also is Crédit Agricole Cheuvreux and CLSA, the effect Broker Group settled
  • Time deposit offers through Crédit Agricole Consumer Finance in Germany
  • Other specialized branches

Stock market data

Crédit Agricole is one of the Euro Next - stock exchange in Paris listed company that also the French stock market index CAC40 belongs.


The history of the Crédit Agricole goes back to the end of the 19th century , based on a law of 1884 that allowed for free professional association and the establishment of farmers' associations and local mutual banks. The Société de Crédit Agricole de l'arrondissement de Poligny in Salins-les-Bains in the Jura was founded on February 23, 1885. This institution was the first of its kind in France.

Inspired by this experience and to encourage lending to the benefit of small family businesses, the law of November 5, 1894, promoted by Agriculture Minister Jules Méline , allowed the establishment of local agricultural credit associations. The first coffers were formed by local elites made up of agronomists, professors and owners, while the farmers were still in the minority.


In September 2010, Crédit Agricole and ten other banks were fined 381 million euros 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 in this cartel were also fined for excessive fees totaling 3.8 million euros. According to the Conseil de la Concurrence, Crédit Agricole played a leading role in the cartel, which is why its penalty was 10% higher. It was increased by a further 20%, since Crédit Agricole had already been sentenced to a fine in 2000 for obstructing competition.

Crédit Agricole is known worldwide in particular for its work as a sponsor of the cycling team of the same name , which took part in the UCI ProTour , in particular the Tour de France , and which bore the bank's emblems. The racing cyclists Greg LeMond , Bobby Julich , Jens Voigt , Stuart O'Grady , Thor Hushovd , Christophe Moreau , Jaan Kirsipuu and Magnus Bäckstedt were part of the team.

CA has been involved financially in football since 1974 when the banking group initially promoted amateur clubs. Ten years later - and now for more than three decades - she became one of the main sponsors of the French football association FFF , has also supported the men's and women's national teams since 2000 , but also continues to promote amateur football.

Individual evidence

  1. Entry in the BIC directory at SWIFT
  2. Annual Report 2018 , accessed on March 9, 2019
  3. ^ Policy Measures to Address Systemically Important Financial Institutions. In: Financial Stability Board (FSB) , November 4, 2011 (PDF file; 105 kB)
  4. ^ Update of the group of global systemically important banks (G-SIBs). In: , November 1, 2012 (PDF; 43 kB)
  5. Wirecard: Cooperation with Crédit Agricole opens access to the e-commerce sector in France In:, April 4, 2018, accessed on April 7, 2018.
  6. ^ Collusion in the banking sector. Press release of the Autorité de la concurrence of September 20, 2010, accessed on February 9, 2011
  7. French banks are said to pay millions. In: Handelsblatt , September 21, 2010, accessed on February 9, 2011
  8. Le Crédit Agricole, amateur de foot. In: France Football , April 4, 2017, p. 72

Web links

Commons : Crédit Agricole  - collection of images, videos and audio files