Crédit coopératif (formerly Groupe Credit Cooperatif)

Crédit Cooperatif is a bank offering a comprehensive range of banking products and services especially to companies and non-profit organizations. Crédit Cooperatif is a cooperative bank ownded by its clients and is actively involved in the development of social economy by assisting in creation and development of co-operatives, mutual organisations, small businesses and trade associations. Crédit Cooperatif operates nation-wide and is a member of BPCE.

Bank Category

Mutual banks

Services

Retail Banking
Corporate Banking

Products

Financials

Total Assets (2017)
16 426.72 mln EUR  (-5.47%)
Net Income (2017)
24.58 mln EUR  (-5.92%)

In 2017 total assets of Crédit coopératif were 16 426,72 mln EUR. In 2017 the bank's net income was 24,58 mln EUR.

Crédit coopératif 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).

Crédit coopératif participates in deposit guarantee scheme of France. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Member of Group

 BPCE (France)

Crédit coopératif is a member of BPCE (France).

Contacts

12 BOULEVARD PESARO, 92024, NANTERRE CEDEX, France
CS 10002

Crédit coopératif is headquartered in NANTERRE CEDEX.

Bank Identifiers

BIC (SWIFT)
CCOPFRCPXXX
MFI ID
FR42559
Bank Sort Code
42559
Company Number
349974931

Business Summary

Services
retail banking
corporate banking
Products
current accounts
debit cards
credit cards
savings accounts (1.50 - 1.50 %)
time deposit accounts
consumer loans
mortgage loans
business loans
investments

Crédit coopératif provides products and services in the areas of retail banking, corporate banking. The range of products offered by Crédit coopératif includes current accounts, debit cards, credit cards, savings accounts (1.50 - 1.50 %), time deposit accounts, consumer loans, mortgage loans, business loans, investments.

Products

Savings Accounts

Savings accounts are interest-bearing deposits accounts which allow to withdraw money at any time. While providing more flexibility, savings accounts usually offer lower interest rates and shorter deposit terms than time deposit accounts.

Savings accounts made with Crédit coopératif are covered by deposit guarantee scheme of France up to 100 000 EUR per depositor. Crédit coopératif offers the following savings accounts.

Updated on 17 December 2018

Livret Agir
Sales Region
France
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
1
Savings Account Details
Product Name
Livret Agir
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
1
Investment Amount
1 - 15300 EUR
Interest Frequency
1 times a year
Livret Agir
Sales Region
France
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
3
Savings Account Details
Product Name
Livret Agir
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
3
Investment Amount
1 - 15300 EUR
Interest Frequency
1 times a year
Livret Agir
Sales Region
France
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
6
Savings Account Details
Product Name
Livret Agir
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
6
Investment Amount
1 - 15300 EUR
Interest Frequency
1 times a year
Livret Agir
Sales Region
France
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
9
Savings Account Details
Product Name
Livret Agir
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
9
Investment Amount
1 - 15300 EUR
Interest Frequency
1 times a year
Livret Agir
Sales Region
France
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
12
Savings Account Details
Product Name
Livret Agir
Account Currency
EUR
Interest Rate (p.a.)
1.50 %
Deposit Term (months)
12
Investment Amount
1 - 15300 EUR
Interest Frequency
1 times a year

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)
16 426.72 mln EUR  (-5.47%)

In 2017 total assets of Crédit coopératif were 16 426.72 mln EUR. Decline compared to the previous period (2016) was -5.47%.

Profit and Loss

Net Income (2017)
24.58 mln EUR  (-5.92%)

In 2017 net income of Crédit coopératif was 24.58 mln EUR. Decline compared to the previous period (2016) was -5.92%.

Credit Ratings (as of May 2018)

Fitch Moody's
A (high credit quality) A2 (upper medium grade)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Crédit coopératif is rated by Fitch and Moody's.

Credit ratings assigned to Crédit coopératif as of May 2018 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 Crédit coopératif 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 Crédit coopératif 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  NR
Support Rating Floor  -

Viability rating for Crédit coopératif is not set support rating is NR (not rated); support rating floor is not set.

Moody's

Long-term rating for Crédit coopératif it is set to A2 (upper medium grade). Long-term bank deposit rating is A2 (upper medium grade). Baseline credit assessment is not set. Short-term rating is not assigned.

Long-Term Rating  A2
Long-Term Bank Deposit Rating  A2
Short-Term Rating  -
Outlook  positive

Outlook for the ratings of Crédit coopératif is set to positive (may be raised).

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

In the case of Crédit coopératif 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.)
Covered Currencies  all currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

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 Crédit coopératif and its components are shown in the table below.

BIC  CCOPFRCPXXX
Bank BIC Code  CCOP
Country Code  FR (France)
Location Code  CP
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 Crédit coopératif is shown in the table below.

MFI ID  FR42559

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  42559

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  349974931