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Cr (CC.PA)

160.55 Down 0.20(0.12%) 4:17AM EDT
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6 Avenue de Provence
Paris, 75009
France - Map
Phone: 33 1 45 96 96 96

Index Membership:N/A
Industry:Money Center Banks
Full Time Employees:20,331

Business Summary 

Crédit Industriel et Commercial provides various banking and financial services primarily in France and internationally. It operates through various segments, including Retail Banking, Financing and Capital Markets, Private Banking, and Private Equity. The company offers retail banking services through a network of branches and distributes products, including life insurance, property-casualty insurance, equipment operating and finance leasing, real estate leasing, factoring, fund management, employee savings plan management, and real estate services via the banking network. It also provides credit facilities for large corporates and institutional customers; specialized financing, including export financing, project and asset financing, etc. as well as international operations and foreign branches. In addition, the company offers capital market services, including fixed income instruments, foreign currencies, equities, and brokerage services; and private banking services, such as finance and private asset management to entrepreneurs and private investors. Further, it is involved in the private equity services comprising equity investments, merger and acquisition advisory, and financial and capital markets engineering. As of December 31, 2012, it operated a network of 2,074 branches in France, 3 foreign branches, 34 foreign representative offices, and 29 foreign private banking offices. The company was founded in 1859 and is headquartered in Paris, France. Crédit Industriel et Commercial operates as a subsidiary of Banque Fédérative du Crédit Mutuel S.A.

Key Statistics

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Key Executives 
Mr. Michel Lucas , 75
Chairman and Chief Exec. Officer
Mr. Alain Fradin , 67
Chief Operating Officer
Mr. Herv Bressan ,
Chief Financial Officer
Bruno Brouchiquan ,
Communications Director
Mr. Philippe Vidal , 60
Deputy Chief Operating Officer, Chairman of CIC Est and Chief Exec. Officer of CIC Est
Amounts are as of Dec 31, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in EUR.