Description
CM Alliance Fédérale is constituted by 11 federations of local cooperatives banks components of Caisse Fédérale de Crédit Mutuel (CFCM) which holds 98% of Banque Féderative du Credit Mutuel (BFCM).
Founded in 1859 CIC is a brand of Cré dit Mutuel Alliance Fé dé rale which is 100% owned by BFCM,.
CIC comprises;
- CIC holding company and head entity of the bank network, which is also the regional bank in ile de France, and throughwhich investment, financing and capital market activities are carried out.
- Five regional banks, each of which serves a clearly definied region of Fance (Nord-Ouest; Est; Sud -Est; Sud-Ouest and Ouest)
- Entities specialized by business line, which support the network and round out CIC’ s organization and services offering. Theses mainly includes CIC Aidexport, M-CIC Assets management, CIC Bail, CIC Epargne Salariale, CIC Factor, CIC Lease, CIC Participation Immobiliè res and Group des Assurances Credit Mutuel.
Details
Host Bank
Yes
Account holding bank
Yes
Domestic branches
1940
Non-domestic branches
4
Short name
CIC
Bank type
Full
Website
https;//www.cic.fr/fr/banques/entreprises/index.html
Accolades
#1 -2018 Clients Relationship Banking Awards (TNS SOFRES 2014, 2016, 2017 & 2018)
#1 French Bank among « the World’ s Best developed market Bank » (Global Finance 2014, 2015 & 2016)
Best Banking Group in France (World Finance 2014, 2015, 2016 & 2017)
Best ESG risk Management Team in France) Capital Finance international 2015)
Services Offered
Cash Services
No
Lockbox
No
Reconciliation tools (cheque/cash)
No
Sweeping and pooling
Yes
Trade services
Yes
Treasury management
Yes
Customer Services
Dedicated IBOS desk
Yes
Preferential IBOS customer service
No
Single point of contact for client
No
Customer service in English
Yes
Electronic Banking
Electronic banking in local language
Yes
Electronic banking in local English
Yes
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