Crédit Agricole ([kedi A Ikıl]) Is The Second Largest Banking Group In France And The 12th Largest Banking Group In The World And The Largest Financial Institution In The Collaborative Organization. The Bank Is Sometimes Referred To As A Green Bank (Banque Verte) Because Of Its Agricultural Background. As Of 2016, Its Total Assets Amounted To 1.723 Trillion Euros, And It Has Six Regional Management Centers In Paris, London, Milan, Hong Kong, Singapore And Tokyo. Crédit Agricole Has Provided Financing Services For Large-scale Projects Such As The British-French Undersea Tunnel Project And Disneyland Paris.
History
On December 16, 2002, Cre ́ Dit Agricole Purchased Every 4 Shares Of Lyon With 5 Shares Of Its Own Stock, Plus 148.24 Euros (about HK $118) In Cash. In Other Words, Each Share Of Lyon Stock Was Priced At 56 Euros, And The Capital Involved 16 Billion Euros About 16.50 Billion US Dollars (about HK $127.49 Billion) To Acquire 82.2% Of The Shares Of The Sixth Largest Bank In France. Cre ́ Dit Agricole Currently Holds 17.8% Of The Shares In Lyon. After The Merger, It Became The Largest Bank In The Euro Area.
Cre ́ Dit Agricole And Societe Generale Merged Their Securities Businesses To Form The Securities Company New International Group, Each Holding 50% Of The New Company.
On January 27, 2009, Cre ́ Dit Agricole And Societe Generale Agreed To Merge Their Asset Management Divisions To Create The Fourth Largest Asset Management Company In Europe And The Ninth Largest In The World, With Assets Under Management Of $827 Billion (€638 Billion). The New Entity Includes The Entire Asset Management Business Of Agricole, As Well As Societe Generale's European And Asian Asset Management Divisions And A 20% Stake In Societe Generale's U.S. Business, TCW. Agricole Holds 70% Of The Combined Company, With Societe Generale Holding The Remaining 30%
