Groupe Caisse d'Épargne

Groupe Caisse d' Epargne (German Savings Banks Group) was a French company based in Paris. The company worked in banking and decreed in France over 4,700 bank branches. Was founded the Groupe Caisse d' Epargne 1818. Through the merger with the French Groupe Banque Populaire to BPCE was created on 31 July 2009 the second largest banking group in France.

Structure

The most important brand of the company were Caisse d'Epargne. Furthermore belonged to the mortgage lender Crédit Foncier, Banque Palatine and the private bank the private bank Océor Financière Groupe Caisse d'Epargne, which had specialized in financial services in the French overseas territories.

Groupe Caisse d' Epargne held, among other things, the majority of shares in the New Caledonian company Aircalin.

History

2006 merged its subsidiary, IXIS Corporate and Investment Bank with the French investment bank Natexis, from which the investment bank Natixis was created. At Natixis Groupe Caisse d' Epargne held 34.5 percent of the shares and other 34.5 percent were held by the French bank Groupe Banque Populaire.

On 31 July 2009 resulted from the merger with Groupe Banque Populaire to BPCE, the second-largest banking group in France. The Institute was newly created on 31 December 2009, approximately 37 million customers (including 7 million members), had approximately 8,200 stores and employed approximately 127,000 people.