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Crédit Agricole S.A.

 
Hoover's Profile: Crédit Agricole S.A.
(Euronext Paris:ACA)
Contact Information
Crédit Agricole S.A.
91-93 Boulevard Pasteur
75015 Paris, France
Tel. +33-1-43-23-52-02
Fax +33-1-43-23-34-48

Type: Public
On the web: http://www.credit-agricole-sa.fr
Employees: 86,866
Employee growth: 12.7%

The name suggests a country farmer's credit union, but Crédit Agricole's scope is much greater. France's largest bank, Crédit Agricole owns a 25% stake each in about 40 regional banks, which in turn own more than half of Crédit Agricole. It offers retail and business banking, lending, and deposit services at more than 9,000 locations throughout the country, including those of subsidiary Le Crédit Lyonnais (LCL). Crédit Agricole is also involved in investment banking and capital markets (through its Calyon unit), in addition to insurance, leasing, and private banking. Crédit Agricole is combining its asset management operations with those of rival French bank Société Générale.

Key numbers for fiscal year ending December, 2008:
Sales: $22,490.0M
One year growth: (8.9%)
Net income: $1,784.4M
Income growth: (73.4%)

Officers:
Chairman: René Carron
CEO; Chairman, LCL: Georges Pauget
CFO: Bertrand Badré

Competitors:
BNP Paribas
Société Générale

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