Cetelem

Cetelem
Company typeSubsidiary
IndustryFinancial services
Founded1953; 71 years ago (1953)
Headquarters,
Area served
Europe, North America, South America, Singapore, Hong Kong, Africa.
Key people
Laurent David
(Chief Executive officer)
Alain van Groenendael
(Chairman)
Jean-Marie Bellafiore
(Deputy CEO and Head of France)
ServicesConsumer credit, personal loans, credit cards, car financing
Number of employees
19,500 (2017)
ParentBNP Paribas
Websitewww.cetelem.fr

Cetelem is a French company specializing in consumer credit for household electrical equipment, personal loans, car loans and credit cards.[1] Cetelem is the commercial brand of BNP Paribas Personal Finance, which is a wholly owned subsidiary of BNP Paribas. The company specializes in retail financing in Europe.[2]

As of 2018, it was established in thirty countries, had 27 million customers with headquarters located in Paris. Cetelem also trades as Modern Credit in the French overseas territories. Other brands of BNP Paribas Personal Finance are Findomestic in Italy and AlphaCredit in Belgium.[3][4]

  1. ^ elEconomista.es. "Cetelem España: Los intereses del crédito al consumo deben bajar para beneficiar al cliente - elEconomista.es" (in Spanish). Retrieved 2018-09-14.
  2. ^ elEconomista.es. "Cetelem, nuevo patrocinador oficial de la Real Federación Motociclista Española - elEconomista.es" (in Spanish). Retrieved 2018-09-14.
  3. ^ "Findomestic - BNP Paribas Italy". www.bnpparibas.it. Retrieved 2018-09-14.
  4. ^ "Belgium — BNP Paribas Personal Finance". www.bnpparibas-pf.com (in French). Retrieved 2018-09-14.