Caisse des Depots et Consignations

Caisse des Depots et Consignations

Caisse des Depots et Consignations (CDC) is a French public financial organization established in 1816. It is part of the government institutions under the control of Parliament. CDC is a long-term investor serving the general interest and economic development of the country. The company invests in development projects in all territories, to respond to needs the market cannot meet alone. On 4 March 2020 Caisse des Depots et Consignations became the majority shareholder of La Poste, taking 66% of the group alongside the French State’s 34%, and CNP Assurances passed under the control of La Banque Postale. As of June 2026 CDC was rated A+, Aa3 and A+ by Fitch, Moody’s and Standard and Poor’s, respectively.

The Group’s Activities:
Managing pension end solidarity funds, securing funds, popular savings
Supporting the middle-market companies
Housing and property
Insurance
Infrastructure and transport
Ecology and energy
Tourism and leisure
Reducing the digital divide in territories

Affiliates and Strategic Shareholding:
Bpifrance S.A. (CDC 49.32%, French State 49.32%)
CNP Assurances - held indirectly through the La Poste group; a subsidiary of La Banque Postale since March 2020
La Poste (CDC 66%, French State 34%, since March 2020)
CDC Habitat, formerly SNI - 100% (Social real estate)
Icade - 39% (Icade is a real estate investment company, the third largest French property developer)
Exterimmo - 100%
CDC Arkhineo - 100%
Transdev - 50%
Egis - 75%
Compagnie des Alpes - 40%

Financials:
Net Income: €5 billion (2025)
Aggregate total assets: €1,393 billion (2025)
Aggregate equity: €76 billion (2025)
Assets under management: €320 billion (2025)

 Credit Ratings:

Rating agency Long term rating Short term rating
Standard & Poor’s AA A-1+
Moody’s Aa2 P-1
Fitch Ratings AA F-1+

Address:
56 rue de Lille
Paris 75356, France
Phone: +33 1 5850 0000
Website: www.caissedesdepots.fr

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