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Crédit Agricole Group (French: [kʁedi aɡʁikɔl]), sometimes called La banque verte (pronounced [la bɑ̃k vɛʁt], lit. ' The green bank ', due to its historical ties to farming), [4] is a French international banking group and the world's largest cooperative financial institution.
In September 2014, BNP completed the purchase of BGZ Bank for a final fee stated in the media to be $1.3 billion. [32] [33] [34] In December 2021, BNP Paribas announced to exit US retail banking business by selling its Bank of the West to the Bank of Montreal for $16.3bn. [35] BNP Paribas has around $80 billion under management in Asia by 2024.
In 1966, the French government decided to merge Comptoir national d'escompte de Paris with Banque nationale pour le commerce et l'industrie to create BNP. [1]In 1990, BNP entered into an alliance with Dresdner Bank and supported a joint venture with Dresdner Bank to enter the Russia market supporting a Dresdner Bank branch in Saint Petersburg with Vladimir Putin's close friend Mathias Warnig ...
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BNP Paribas Corporate and Institutional Banking (CIB) is the global investment banking arm of BNP Paribas, a French multinational bank. BNP Paribas CIB's main centres are in Paris and London , with large scale operations in New York , Hong Kong , and Singapore , and smaller operations in almost every financial centre in the world.
The next year, again as in France, regional entities were created under the generic name National Agricultural Credit Bank (French: Caisse Régionale du Crédit Agricole, CRCA). In 1968, these were complemented by more decentralized entities under the generic name Local Agricultural Credit Bank (French: Caisse Locale du Crédit Agricole, CLCA ...
LCL S.A. is a major French banking network that is part of the Crédit Agricole group, with registered office in Lyon and administrative head office in Paris, France. [2] It was established in 2005 from its predecessor the Crédit Lyonnais , and its name LCL refers to " L e C rédit L yonnais".