Caisses d'Epargne Company Description
Created out of 1999 French banking reform, Caisses d'Epargne Participations (formerly La Caisse Nationale des Caisses d'Epargne et de Prévoyance) was a for-profit entity that served as the central coordinating body of about 20 cooperatively owned (formerly state-owned) savings banks with more than 4,700 offices in France. In 2009 Caisses d'Epargne merged with Banque Populaire to create Groupe BPCE, the second-largest bank in France after Crédit Agricole. Caisses d'Epargne transferred most of its assets to Groupe BPCE, including its stake in Natixis. The company changed its name and retained assets including mortgage lender Crédit Foncier de France and corporate development bank Banque Palatine.
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.
