BRED - Banque populaire

Business Focus
retail banking

Established in 1919 Banque Populaire (BRED) is a cooperative bank and a member of BPCE group. BRED is an acronym for Banque Régionale d'escompte Et de Dépôts (eng - Regional Bank of Discount and Deposits). BRED business focus is providing retail and corporate banking products and services to individuals, SMEs, large companies and non-profit organizations. BRED also offers insurance and investment products.

Bank Category

Mutual banks

Services

retail banking
private banking
corporate banking

Products

current accounts
debit cards
credit cards
savings accounts
time deposit accounts
investment funds
consumer loans
mortgage loans
insurance

Financials

Total Assets of BRED - Banque populaire
Net_income of BRED - Banque populaire
Total Assets (2018)
59,924.18 mln EUR  (-0.83%)
Net Income (2018)
150.10 mln EUR  (-5.43%)

In 2018 total assets of BRED - Banque populaire were 59 924,18 mln EUR. In 2018 the bank's net income was 150,10 mln EUR.

Credit Ratings

Fitch: A
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: A2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

BRED - Banque populaire is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A (high credit quality). Long-term credit rating assigned to the bank by Moody's is A2 (upper medium grade).

Deposit Guarantee

Protected Amount
up to 100,000 EUR
Guarantee Fund
Fonds de Garantie des Dépôts et de Résolution (FGDR)
Covered Depositors
natural persons
legal entities
Covered Accounts
all deposit accounts

BRED - Banque populaire participates in the deposit guarantee scheme of France. This deposit guarantee scheme applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR per bank per depositor. BRED - Banque populaire is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it.

Member of Group

 BPCE (France)

BRED - Banque populaire is a member of BPCE (France).

Contacts

18 QUAI DE LA RAPEE, 75012, PARIS 12, France

BRED - Banque populaire is headquartered in PARIS 12.

Bank Identifiers

BIC (SWIFT)
BREDFRPPXXX
Bank Sort Code
10107
LEI
NICH5Q04ADUV9SN3Q390
Company Number
552091795
MFI ID
FR10107

See Also

Related Articles

Islamic Banks in France
11 November 2019
Mutual banks in France
16 December 2018