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Groupe BPCE (for B anque P opulaire C aisse d' E pargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets. [3]
BRED Banque populaire. BRED (formerly acronym for Banque régionale d'escompte et de dépôts / Regional Discount and Deposit Bank) is one of the cooperative banks part of Groupe Banque Populaire in France. It was founded in 1919 by Louis-Alexandre Dagot in Vincennes.
Groupe Banque Populaire started in 1878 with the foundation of the first local "people's bank" (French: banque populaire) in the western French city of Angers.In 1917, new legislation established the local Popular Banks' cooperative status and in 1921, another legislative act established a central financial entity, the Caisse centrale des Banques populaires (CCBP).
Popular, Inc., doing business as Banco Popular in Puerto Rico and the Virgin Islands and as Popular Bank in the mainland United States, is a financial services conglomerate that has operated in Puerto Rico for over 125 years and in the mainland United States for over 52 years. In recent years, it has expanded into other areas of the Caribbean ...
Rank Bank Total assets (billions of US dollars) Headquarter city 1 : HSBC: 2,919.84 London: 2 : BNP Paribas: 2,867.44 Paris: 3 : Crédit Agricole: 2,736.95 Paris
Banco Popular Español (BPE) was founded in 1926. BPE opened a representative office in Paris in 1968 that became a subsidiary that by 1991 had a network of 14 branches in France. In 1992 BPE converted its subsidiary in France into a joint venture with Banco Comercial Português under the name Banco Popular Comercial.
The banking industry in France has, as of 11 October 2008, an average leverage ratio (assets/net worth) of 28 to 1, and its short-term liabilities are equal to 60% of the French GDP or 128% of its national debt. [1] France operates a deposits guarantee fund, known as the Fonds de Garantie des Depôts.
Cooperative banks of France (3 C) Crédit Agricole (2 C, 9 P, 1 F) Crédit Mutuel (14 P)