Cofidis

Cofidis is an international financial company specializing in providing loans to natural persons and business entities remotely. Cofidis has been providing consumer loans remotely for over 20 years. Cofidis customers can manage their accounts without leaving their home and choose how to communicate with Cofidis (for example, via Internet, phone, email, or SMS).

Bank Category

Branches of foreign banks

Services

Consumer Finance

Products

Financials

Total Assets (2017)
9 510.91 mln EUR  (+4.28%)
Net Income (2017)
179.76 mln EUR  (+7.51%)

In 2017 total assets of Cofidis were 9 510,91 mln EUR. In 2017 the bank's net income was 179,76 mln EUR.

Cofidis participates in deposit guarantee scheme of Hungary. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Contacts

PARC DE LA HAUTE BORNE 61 AVENUE HALLEY, 59866, VILLENEUVE D'ASCQ CEDEX, France

Cofidis is located in VILLENEUVE D'ASCQ CEDEX.

Bank Identifiers

BIC (SWIFT)
CFFIFR2LXXX
MFI ID
FR14940
Bank Sort Code
14940
Company Number
325307106

Business Summary

Services
consumer finance
Products
credit cards
consumer loans (1.89 - 6.57 %)
car loans (1.89 - 6.57 %)
student loans

Cofidis provides services in the area of consumer finance. The range of products offered by Cofidis includes credit cards, consumer loans (1.89 - 6.57 %), car loans (1.89 - 6.57 %), student loans.

Products

Consumer Loans

Consumer loans are secured or unsecured (i.e., backed or non-backed by a collateral) loans provided to retail customers for personal, family, or household purposes or for purchase of goods and services. In terms of repayment, consumer loans can be revolving (when a credit limit can be spent, repaid and spent again) or installment (such a loan is repaid in equal installments until the loan is paid off at the end of its term). Consumer loans offered by Cofidis are shown in the table below.

Updated on 14 December 2018

Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
1.89 %
Loan Amount (EUR)
5000 - 35000
Loan Term (months)
12
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 15000
Loan Term (months)
24
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 15000
Loan Term (months)
36
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
3.80 %
Loan Amount (EUR)
10000 - 15000
Loan Term (months)
48
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 35000
Loan Term (months)
60
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 35000
Loan Term (months)
72

France: This product is offered to French residents only. When clicking on the product link you will be redirected to the product page in French.

See Also

Car Loans

Car loans are secured or unsecured (i.e., backed or non-backed by a collateral) installment loans provided to retail customers for the purpose of buying a new or used car. Used cars purchased privately are often financed through unsecured loans, while new cars are financed via secured loans with the car used as the loan collateral. Car loans offered by Cofidis are shown in the table below.

Updated on 14 December 2018

Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
1.89 %
Loan Amount (EUR)
5000 - 35000
Loan Term (months)
12
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 15000
Loan Term (months)
24
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 15000
Loan Term (months)
36
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
3.80 %
Loan Amount (EUR)
10000 - 15000
Loan Term (months)
48
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 35000
Loan Term (months)
60
Cofidis
Sales Region
France
Loan Currency
EUR
Effective Rate (p.a.)
6.57 %
Loan Amount (EUR)
6500 - 35000
Loan Term (months)
72

France: This product is offered to French residents only. When clicking on the product link you will be redirected to the product page in French.

See Also

Financial Positions

Total Assets (2017)
9 510.91 mln EUR  (+4.28%)

In 2017 total assets of Cofidis were 9 510.91 mln EUR. Growth compared to the previous period (2016) was 4.28%. The evolution of the total assets of Cofidis is shown at Chart 1 below.

Total Assets of Cofidis.

Chart 1. Total Assets of Cofidis.

Profit and Loss

Net Income (2017)
179.76 mln EUR  (+7.51%)

In 2017 net income of Cofidis was 179.76 mln EUR. Growth compared to the previous period (2016) was 7.51%. The evolution of the net income of Cofidis is shown at Chart 2 below.

Net Income of Cofidis.

Chart 2. Net Income of Cofidis.

Deposit Guarantee

Deposit Guarantee
Yes (up to 100 000 EUR per depositor)

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

All branches of EEA-banks operating in France participate in deposit guarantee schemes of their home countries. This means that Cofidis participates in the deposit guarantee scheme of Hungary.

In the case of Cofidis failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Currencies  EEA currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  HUF

Further Information

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) 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.

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).

BIC of Cofidis and its components are shown in the table below.

BIC  CFFIFR2LXXX
Bank BIC Code  CFFI
Country Code  FR (France)
Location Code  2L
Branch Code  XXX

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.

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.

MFI ID of Cofidis is shown in the table below.

MFI ID  FR14940

Bank Sort Code

Bank Sort Code is a code that uniquely identifies a financial institution within a country. Bank sort codes are usually assigned by National Central Banks and differ from BIC codes.

Bank Sort Code  14940

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  325307106

European Presence: 4 banks in 4 countries

Cofidis operates under the brand of the same name (Cofidis) which has presence in the following European countries and selected dependent territories of the European countries:

France

  •  (this bank) Cofidis (VILLENEUVE D'ASCQ CEDEX)

Hungary

Slovakia

Spain

Defunct Banks: 3 banks in 3 countries

The following banks operating under Cofidis brand name has been recently closed down:

Poland

Portugal

Slovakia