BPCE

Groupe BPCE is a major French cooperative banking and insurance group with 36 million customers and about 110,000 employees. It provides a comprehensive range of banking, insurance and real estate services. The company was created in 2008 through the merger of Banque Populaire Group and Caisses d’Epargne, two complementary cooperative banking networks with 14 Banque Populaire banks (including the national affinity banks Casden Banque Populaire and Crédit Coopératif) and 15 Caisses d’Epargne regional banks. As of December 31, 2025, Groupe BPCE had total assets of EUR 1,645.7 billion and a Common Equity Tier 1 ratio of 16.5%. BPCE was awarded “Bank of the Year 2016” in France by the Banker. BPCE International operates in Africa, the Indian Ocean, Vietnam, New Caledonia and Tahiti. On April 30, 2026, BPCE completed the acquisition of 100% of the Portuguese bank novobanco for EUR 6.7 billion, making Portugal its second domestic retail market and bringing the group’s workforce in Portugal to close to 8,000 employees.

BPCE Group structure:
14 Banque Populaire banks
15 Caisses d’Epargne
BPCE SA (central institution)
Natixis (the international corporate and investment bank)
Crédit Foncier
Banque Palatine
BPCE International
Credit Maritime
novobanco (Portugal)

Key facts:
• 36 million customers at December 31, 2025
• 9.6 million cooperative shareholders
• 110,000 employees
• EUR 25.7 billion of net banking income in 2025
• operations in more than 50 countries
• 8,000 bank branches
•  70% of the Group’s net banking income generated by the local banking networks

Credit Ratings (September 2017)

Head office address:
50 avenue Pierre Mendès
Cedex 13
Paris 75201, France
Website: www.groupebpce.com