Groupe BPCE

Groupe BPCE
Company typePrivate. Cooperative
IndustryFinancial services
Founded19 December 2006; 17 years ago (2006-12-19)
31 July 2009; 15 years ago (2009-07-31) as Groupe BPCE
Headquarters
Paris
,
France
Key people
Nicolas Namias, CEO of BPCE; Stephanie Paix, CEO of Natixis
ProductsBanking and insurance
RevenueDecrease €25.7 billion (2022)[2]
Decrease €7.6 billion (2022)[2]
Decrease €5.6 billion (2022)[2]
AUMIncrease €1.079 trillion (2022)[2]
Total assetsIncrease €1.531 trillion (2022)[2]
Total equityIncrease €85.5 billion (2022)[2]
Number of employees
100,000 (2022)[2]
Websitegroupebpce.com

Groupe BPCE (for Banque Populaire Caisse d'Epargne) is a major French banking group formed by the 2009 merger of two major retail banking groups, Groupe Caisse d'Épargne and Groupe Banque Populaire. As of 2021, it was France's fourth-largest bank, the seventh largest in Europe, and the nineteenth in the world by total assets.[3] It has more than 8,200 branches nationwide under their respective brand names serving nearly 150 million customers.[4] Its wholesale banking subsidiary Natixis, previously a separately listed company, was delisted and came under full ownership of Groupe BPCE in 2021.

BPCE has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[5][6] It is also designated as a global systemically important bank (G-SIB) by the Financial Stability Board.

  1. ^ "Un nouveau siège en toutes lettres". Groupe BPCE. 24 March 2022.
  2. ^ a b c d e f g "2022 Universal Registration Document and financial report" (PDF). groupebpce.com. Retrieved 24 March 2023.
  3. ^ "The world's 100 largest banks, 2021". S&P Global Market Intelligence. Archived from the original on 26 July 2021. Retrieved 13 September 2021.
  4. ^ "Groupe BPCE Company Profile - Yahoo! Finance". cf.us.biz.yahoo.com. Archived from the original on 18 July 2011. Retrieved 14 August 2020.
  5. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  6. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.