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Description

CM Alliance Fédérale is constituted by 11 federations of local cooperatives banks components of Caisse Fédérale de Crédit Mutuel (CFCM) which holds 98% of Banque Féderative du

Credit Mutuel (BFCM). 

CM AF overview

Founded in 1859 CIC is a brand of Crédit Mutuel Alliance Fédé rale  which is 100% owned by BFCM,.

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CIC comprises :

  • CIC holding company and head entity of the bank network, which is also the regional bank in ile de France, and throughwhich investment, financing and capital market activities are carried out.
  • Five regional banks, each of which serves a clearly definied region of Fance (Nord-Ouest; Est; Sud -Est; Sud-Ouest and Ouest)
  • Entities specialized by business line, which support the network and round out CIC’ s organization and services offering. Theses mainly includes CIC Aidexport, M-CIC Assets management, CIC Bail, CIC Epargne Salariale, CIC Factor, CIC Lease, CIC Participation Immobilières and Group des Assurances Credit Mutuel.

Details

Host Bank

Yes

Account holding bank

Yes

Domestic branches

1749

Non-domestic branches

6

Short name

CIC

Bank type

Full

Website

https;//www.cic.fr/fr/banques/entreprises/index.html

Accolades

Best Client relation 2024

Best banking Group France 2023

https://www.creditmutuel.com/en/

Services Offered

Cash Services

No

Lockbox

No

Reconciliation tools (cheque/cash)

No

Sweeping and pooling

Yes

Trade services

Yes

Treasury management

Yes

Customer Services

Dedicated IBOS desk

Yes

Preferential IBOS customer service

No

Single point of contact for client

No

Customer service in English

Yes

Electronic Banking

Electronic banking in local language

Yes

Electronic banking in local English

Yes

The IBOS web portal

Through our online portal, IBOS members can access everything they need from a centralised dashboard. From easily looking up IBOS banks by country or group to accessing detailed information about each member, our member platform makes international collaboration easier.