January 30, 2015 6:10 AM ET

Consumer Finance

Company Overview of Crédit Agricole Consumer Finance S.A.

Company Overview

Crédit Agricole Consumer Finance S.A. operates as a consumer credit company in France and internationally. The company provides various financial products and services, including consumer finance products comprising personal loans, loan consolidation, revolving credit, insurance on financed purchases, guarantee extension, leases, customer benefits at point-of-sale, etc.; and on-line consumer credit. It also offers financing solutions to the vehicle market; home equipment and home improvement financing for furniture, electronics, kitchen equipment, leisure, energy distribution, and home improvement markets; loan protection insurance products, equipment insurance products, etc.; credit brokera...

Rue du Bois Sauvage

Évry Cedex

Paris,  91038

France

Founded in 1951

8,736 Employees

Key Executives for Crédit Agricole Consumer Finance S.A.

Group Chief Executive Officer
Age: 54
Group Chief Financial Officer
Deputy Chief Executive Officer of Organisation
Chief Executive Officer of Credit Agricole Consumer Finance Nederland BV and Head of Crédit Agricole Consumer Finance Nederland BV
Compensation as of Fiscal Year 2014.

Crédit Agricole Consumer Finance S.A. Key Developments

FCA Italy SpA Establishes New Bank with CA Consumer Finance SA

A Fiat Chrysler Automobiles subsidiary has established a new banking unit with a unit of Credit Agricole Group. FCA Bank SpA has been created by FCA Italy SpA and CA Consumer Finance SA and will become the parent company of a group with operations in 16 European countries after receiving its banking licence in Italy. FCA has also made an application for EUR 500 million from the European Investment Bank to support its research and development (R&D) activities. According to the application on the EIB's website, the funding will form part of a EUR 1.28 billion investment that will be made between 2015 and 2017 in Italy. It will be related to alternative fuel powertrains, such as natural gas, and lightweight materials. The investment will also include capital expenditure for 'advanced machinery and equipment' for the production of gasoline (petrol)/natural gas and diesel engines that will take place in the regions of Campania and Molise (Italy).

OTP Reportedly Plans to Acquire Credigen Bank

OTP Bank Plc. (BUSE:OTP) is planning to acquire Credigen Bank Zrt. from CA Consumer Finance Société Anonyme, agency Portfolio said, citing unnamed sources. According to Dow Jones, OTP Bank declined to immediately comment on the report. OTP Chairman and Chief Executive Sandor Csanyi said on April 26, 2013 that the bank was actively looking for acquisition targets, both in Hungary and abroad. CA Consumer Finance Société Anonyme decided in 2010 to exit Hungary. OTP plans to develop Credigen into a credit institution specializing in lending to the agricultural sector, Portfolio said. As a result, the acquisition may save OTP the administrative costs of founding a new bank, Portfolio added.

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