• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Summary: Banque Federative du Credit Mutuel Mar 10 Product Image

Summary: Banque Federative du Credit Mutuel Mar 10

  • Published: March 2010
  • Standard & Poors

Abstract
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 >

- Banque Federative du Credit Mutuel

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS