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August 04, 2015 6:02 PM ET

Consumer Finance

Company Overview of Banque PSA Finance

Company Overview

Banque PSA Finance provides financing services for the sale of Peugeot, Citroën, and DS dealerships passenger cars and utility vehicles to individuals and businesses worldwide. It also offers dealers of the brands with financing for inventory, such as new and used vehicles, and spare parts, as well as other financing, such as working capital services; and a range of financial and other services comprising insurance and services to individuals and businesses. In addition, the company provides refinancing; insurance products and services, such as whole-life, unemployment, disability, supplemental insurance to protect vehicles, and automobile insurance, as well as vehicle-related services, incl...

75, avenue de la Grande-Armée

Paris,  75116

France

Founded in 1919

2,353 Employees

Phone:

33 1 46 39 66 33

Key Executives for Banque PSA Finance

Chief Executive Officer
Age: 53
Chairman and President
Age: 50
Chief Financial Officer
Chief Operating Officer
Age: 57
Chief Executive Officer of the French Subsidiaries
Compensation as of Fiscal Year 2015.

Banque PSA Finance Key Developments

Banque PSA Finance Reports Earnings Results for the First Half Ended June 30, 2015

Banque PSA Finance reported earnings results for the first half ended June 30, 2015. For the period, the company reported recurring operating income of EUR 294 million, a rise of EUR 122 million on first-half 2014.

Banque PSA Finance Announces Management Changes

Rémy Bayle has been appointed Chief Executive Officer of Banque PSA Finance effective 22 April 2015. He will replace Philippe Alexandre, who has decided to leave the Group to pursue a new professional project. Mr. Bayle will report to Jean-Baptiste de Chatillon, Chief Financial Officer of PSA Peugeot Citroën and Chairman of Banque PSA Finance. He has held a number of responsibilities within Banque PSA Finance, serving as Chief Finance Officer, Corporate Risks Officer at French headquarters and Managing Director of branches in the United Kingdom and Switzerland before being appointed Head of Corporate Finance and Treasury of PSA Peugeot Citroën in July 2012.

Banque PSA Finance Reports Revenue Results for 2014; Provides Earnings Guidance for 2015

Banque PSA Finance reported revenue results for 2014. For the year, the company’s revenues declined by 4%, notably due to a lack of competitiveness of its cost of funding. The company will have a very strong improvement of the operating results in 2015.

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