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.
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.
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).
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.
BRED - Banque populaire is a member of BPCE (France).
BRED - Banque populaire is headquartered in PARIS 12.