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.