Crédit Agricole

The largest cooperative financial organization in the world is Crédit Agricole Group, a French worldwide banking group with roots in agriculture. After BNP Paribas, it is the second-largest bank in France. It is also the third-largest bank in Europe and the tenth-largest bank worldwide.

It comprises the 39 Crédit Agricole regional banks, a network of local Crédit Agricole banks, and Crédit Agricole S.A., a centralized organization. It is a component of the CAC 40 stock market index and is listed on Euronext Paris' first market through the intermediate holding company Crédit Agricole S.A. It rose to the top of the CAC 40 in August 2021.

Local banks in the group controlled regional banks, which were in turn majority-owned by regional banks through a holding company. The S.A. then owned a portion of the group's subsidiaries, including LCL, the Italian network, and the CIB business. The Financial Stability Board views this bank as one of systemic importance. From 1998 to 2008, it served as the official sponsor of the Crédit Agricole professional road cycling team.

The market capitalization for Crédit Agricole as of April 2023 is $34.39 billion. By market capitalization, Crédit Agricole is now the 512nd most valuable corporation in the world. The most recent financial reports from Crédit Agricole show that the company's current revenue (TTM) is $24.90 billion. The corporation generated $20.77 billion in revenue in 2019, which is less than the $21.50 billion it generated in 2018.

Founded: 5 November 1894
Headquarters: Montrouge, France
Website: credit-agricole.com