Banque populaire Bourgogne Franche-Comté

Address  21008, France, DIJON CEDEX, 14 bd de la Trémouille
P.O. Box  BP 310

Member of Group  BPCE (France)
Bank Identifiers 
    BIC (SWIFT)  CCBPFRPPDJN
    MFI ID  FR10807
Credit Ratings (July 2014) 
    Fitch  A (high credit quality)
    Moody's  A2 (upper medium grade)
    S&P's  - (not rated)
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

Banque populaire Bourgogne Franche-Comté located at France, DIJON CEDEX is a member of a banking group BPCE (France). It is one of 590 credit institutions operating in France.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC  CCBPFRPPDJN
Bank BIC Code  CCBP
Country Code  FR (France)
Location Code  PP
Branch Code  DJN

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  FR10807

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Credit Ratings

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.
Of the 'Big Three' rating agencies, Banque populaire Bourgogne Franche-Comté is rated by Fitch and Moody's.

Credit ratings assigned to Banque populaire Bourgogne Franche-Comté as of July 2014 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution’s relative vulnerability to default on its financial obligations, for Banque populaire Bourgogne Franche-Comté it is set to A (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Banque populaire Bourgogne Franche-Comté is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  -
Support Rating  -
Support Rating Floor  -

Viability rating for Banque populaire Bourgogne Franche-Comté is not set; support rating is not assigned; support rating floor is not set.

Moody's

Long-term rating is for Banque populaire Bourgogne Franche-Comté it is set to A2 (upper medium grade). Long-term bank deposit rating is A2 (upper medium grade). Bank financial strength rating is not set. Short-term rating is not assigned.

Long-Term Rating  A2
Long-Term Bank Deposit Rating  A2
Bank Financial Strength Rating  -
Short-Term Rating  -
Outlook  negative

Outlook for the ratings of Banque populaire Bourgogne Franche-Comté is set to negative (may be lowered).

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in France are obliged to participate in French deposit guarantee scheme.

In the case of Banque populaire Bourgogne Franche-Comté failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information: Deposit Guarantee Scheme in France

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Related Information on France

Economy and Banking Sector of France

List of Banks in France