France is among developed countries in the world and is considered one of the top financial markets. More than 400 banks are operational in France in the present day. Moody’s which is a credit rating agency has rated France as one of the most stable countries in terms of credit quality because its banking system is strong. The following is a list of biggest banks operational in France.
This is among the oldest banks established in France. It was founded in 1848 and has over 192,000 employees in total. The bank is multi-national and operational in more than 74 countries now. This bank is covering all traits of banking sections such as corporate banking, retail banking, and bank deposits, etc. The banks are responsible for assisting their clients in insurance, wealth management, advisory of transactions, and lending, etc.
This bank was founded in 1894 and is among the oldest active banks of France having over 10,000 employees. This bank is listed as a public company and its headquarter is situated in Mont Rouge. The bank is offering almost all services related to the banking sector such as investments, corporate insurance, and retail banking, etc. According to statistics of the bank, it has over 50 million customers all across the world.
BPCE is among the top banks having over 115,000 employees. The headquarters of the bank is situated in the city of Paris. The bank has over 40 million customers and it offers a wide range of services in financial and banking products such as servicing financial solutions, management of cash, and investment solutions, etc.
This is among the biggest banks in the world based in France and its headquarter is situated in Paris. According to statistics presented by the bank, the active number of employees of the bank is over 145,000. The bank is majorly known for its solutions in retail banking but it has also ventured a few programs of loan syndication as well.
Groupe Credit Mutuel
This bank was founded in 1645 and is the oldest bank ever established in France. The employee range of the bank is over 72,000 individuals and has over 3900 branches all across France. The bank is offering services ranging from private and personal banking to lending for estate and technology businesses.
This is among the most famous cooperative banks established in France. The bank is not that old and founded in 1989 having an employee strength of over 2000 individuals. The main aim of the bank is the establishment of mutual organizations, work committees, trade associations, and small businesses. This is a private company bank.
La Banque Postale
This bank was established in the year 2006 and is government-owned i.e. a subsidiary of the La Poste which is the national postal service of France. The bank is having over 30,000 employees and its headquarter is situated in Paris. The bank offers a wide range of services ranging from management of assets, insurance, and retail banking, etc.
Credit du Nord
This bank was established in 1848 and its headquarter is situated in Lille. This bank is actually the amalgamation of a chain of different banks that are operating in France. This bank has over 1.5 million customers and has over 1000 branches.