Crédit Agricole was founded for farmers almost 140 years ago in Jura, France. It is now the 10th largest bank in world by total assets, and has been for several years.
Today, 8 out of 10 farmers bank with us. We support 300,000 farms in France, and as such we are responsible for supporting agricultural and agri-food transitions.
The energy transition is about moving from a world dominated by fossil fuels to a world that gives much higher priority to renewable and low-carbon energy.
Our transition plan is organised into a hierarchy of three complementary strategies: The first and most important strategy involves focussing our financing solely on renewable and low-carbon energy projects; the second strategy is to support all our customers in this transition; and the third strategy, made possible by the first two, is to devise our own exit trajectory for fossil fuel financing.
Crédit Agricole, a local bank founded nearly 140 years ago in Jura, France, became the 10th largest bank in the world thanks to its winning formula: usefulness × universality.
Usefulness means making progress accessible to all and supporting societal transformations. Universality means acting in the best interests of its customers, to meet all their needs in all regions, via all channels.
This universal banking model has boundless development potential since customers are served through retail banking and specialised business lines.
At Crédit Agricole, we believe that technology makes things easier for our customers and employees.
Our relationship model is based on digital pathways enhanced by adjacent human responsibility.
Our customers can access our offers and services autonomously via dedicated and secure digital tools, while safe in the knowledge that their retail banking advisor is available to support them.
At Crédit Agricole, we support our customers through the bad times as well as the good.
We responded to diminished purchasing power, resulting from the inflationary shock, by offering our most at-risk customers inclusive banking services. We have also created solutions for young people, promoting home ownership, notably through subsidised interest-free loans. We were the first provider to double our interest-free loan capacity.
