Caisses d'Epargne Company Description
Created out of 1999 French banking reform, La Caisse Nationale des Caisses d'Epargne et de Prévoyance (CNCE) is a for-profit entity that serves as the central coordinating body of some 30 cooperatively owned (formerly state-owned) savings banks in France and the French territories of Guadeloupe, Martinique, and New Caledonia. CNCE functions as a central bank with some 4,700 offices. The network serves more than 26 million customers, 3 million of whom own shares in the savings banks. Besides retail banking services, subsidiaries offer insurance, leasing, real estate, and asset management. Natixis SA (of which CNCE owns 34%) offers business and investment banking, asset management, and private equity services.
View the Comprehensive Company Description for Caisses d'Epargne
The Company Description provides a historical perspective of Caisses d'Epargne's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Caisses d'Epargne's evolution in the marketplace.
