Confederation Nationale du Credit Mutuel - Company Profile
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Confederation Nationale du Credit Mutuel (Credit Mutuel) is a cooperative group that provides various financial services. The group's primary activities include retail banking, insurance, corporate and investment banking, asset management, and private banking. Its services range from real estate loans and car insurance to mobile banking applications and personalized financial advisory. The group serves a diverse customer base, including individuals, businesses, and institutional clients across various industries. Credit Mutuel leverages a network of local banks and regional federations for distribution and customer service. It has a presence in multiple countries, including Germany, Belgium, Canada, Spain, the US, France, Hong Kong, Hungary, Italy, Luxembourg, Morocco, Monaco, Netherlands, Poland, Portugal, Republic of Korea, Czech Republic, the UK, Saint Martin (Dutch part), Singapore, Slovakia, Switzerland, and Tunisia. Credit Mutuel is headquartered in Paris, France.
Confederation Nationale du Credit Mutuel premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Loans | Leasing |
| Debit and Credit Cards | Foreign Currency Services |
| Savings Accounts | Capital Market Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Acquisitions/Mergers/Takeovers | In July, the company's subsidiary Cofidis Group acquired Magyar Cetelem Bank. |
| 2024 | Acquisitions/Mergers/Takeovers | In April 11, 2024, the company through Banque Federative du Credit Mutuel, acquired 20% stake in Cofidis Groupe. |
| 2024 | Corporate Awards | In February, the group received the Podium de la Relation Client award for the 12th time in the Bank 1 category and re-entered the Top 10 rankings across all sectors. |
Competitor Comparison
| Key Parameters | Confederation Nationale du Credit Mutuel | BNP Paribas SA | Credit Agricole SA | Societe Generale SA | Groupe BPCE |
|---|---|---|---|---|---|
| Headquarters | France | France | France | France | France |
| City | Paris | Paris | Montrouge | Paris | Paris |
| State/Province | Ile-de-France | Ile-de-France | Ile-de-France | Ile-de-France | Ile-de-France |
| No. of Employees | 88,521 | 177,990 | 81,948 | 110,000 | 100,000 |
| Entity Type | Private | Public | Public | Public | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Daniel Baal | Chairman | Executive Board | 2024 | - |
| Julien Carmona | Deputy Vice Chairman | Executive Board | - | - |
| Isabelle Ferrand | Chief Executive Officer | Senior Management | - | - |
| Etienne Pflimlin | President - Honorary | Senior Management | - | - |
| Gerard Cormoreche | Director | Non Executive Board | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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