Summary: Banque Federative du Credit Mutuel Mar 10

  • ID: 2046944
  • March 2010
  • Standard & Poors
1 of 3

The ratings on Banque Fédérative du Crédit Mutuel (BFCM) are based on Standard & Poor's Ratings Services' view of the BFCM's core position as the funding arm of the French regional retail banking group Crédit Mutuel Centre Est Europe – Crédit Industriel et Commercial (CM5-CIC). In our opinion, BFCM's credit risk mirrors that of CM5-CIC, given the bank's total operational integration within the parent group. CM5-CIC is the largest banking group of regional federations of cooperative banks that form Groupe Crédit Mutuel, which is the third-largest retail banking network in France, and one of the two most successful bancassurers. The creditworthiness of CM5-CIC is underpinned by its strong franchise in domestic retail banking, along with a leading position in non-life...

Companies mentioned in this report are:
- Banque Federative du Credit Mutuel

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine READ MORE >

Note: Product cover images may vary from those shown
2 of 3

- Banque Federative du Credit Mutuel

Note: Product cover images may vary from those shown
3 of 3
Note: Product cover images may vary from those shown


  • Quick Help: This Credit Rating Report will be emailed to you.


If you have a more general question about our products please try our


Our Clients

  • Fluidigm Corporation
  • Apple, Inc.
  • CEVA Santé Animale
  • Abbott Laboratories Ltd.
  • Merck Group
  • Allergan Inc.
  • Pfizer Inc.