Crédit Agricole: Consumer Finance division changes name
May 16, 2024 at 09:19 am
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Crédit Agricole announces that its Crédit Agricole Consumer Finance division has taken a new step and adopted a new name: Crédit Agricole Personal Finance & Mobility.
This new name reflects the evolution of its activities, which place purchasing power management, energy transitions and mobility at the heart of its model, and embodies its ambitions to become a leader in personal financing and the leader in electric mobility in Europe.
According to Crédit Agricole, the new name expresses more clearly how the structure supports its 17 million customers in 22 countries to make their projects possible.
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Crédit Agricole S.A. is one of the leading European banking groups and is the leading financial backer of the French economy. Net Banking Product breaks down by activity as follows:
- retail banking (30.1%): activities in France (Crédit Lyonnais) and abroad. Furthermore, the group is present in France via its 39 regional networks of branches (making it the biggest French banking network);
- finance, investment and market banking (30.1%): standard and specialized bank financing activities (financing for acquisitions, projects, aeronautical and maritime assets, etc.), stock operations, consulting in mergers and acquisitions, investment capital, etc.;
- asset management, insurance and private banking (25.9%);
- specialized financial services (13.9%): consumer loan, leasing and factoring (No. 1 in France).
At the end of 2023, Crédit Agricole S.A. managed EUR 835 billion in current deposits and EUR 516.3 billion in current credits.
NBP is distributed geographically as follows: France (46%), Italy (20%), European Union (14.3%), Europe (7.2%), North America (6%), Japan (1.3%), Asia and Oceania (3 .5%), Africa and Middle East (1.3%), Central America and South America (0.4%).