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The customer-facing SG Crédit du Nord (SG meaning Société Générale) brand [2] is applied to both the former Crédit du Nord, and the Société Générale branches in the North of France. [3] As with SG Crédit du Nord, the remaining Crédit du Nord banks' identities are also applied as regional brand names:
Retail Banking in France (Société Générale, Crédit du Nord and Boursorama) International Banking and Financial Services (IBFS) Corporate and Investment Banking (SG CIB), with investment banking and fixed income, structured financing, debt and forex activities on the one side, and equity and consulting activities on the other.
In the early years, these included the Société Marseillaise de Crédit (SMC) in Marseille (est. 1865); the Société lyonnaise de dépôts, de comptes courants et de crédit industriel in Lyon (est. 1865); and the Société de crédit industriel et de dépôts du Nord (1866), a build-up of the Comptoir d'escompte de Lille created in 1848 ...
It was sold to Crédit du Nord (a member of the Société Générale group) in 2010. Since then, all Credit du Nord agencies in the south of France became Société Marseillaise de Crédit, and the northern agencies of SMC are now Crédit du Nord. The first cash dispenser in France was opened in Marseilles at the head office of SMC in 1968.
The Banque de l'Union Parisienne (French pronunciation: [bɑ̃k də lynjɔ̃ paʁizjɛn], BUP) was a French investment bank, created in 1904 and merged into Crédit du Nord in 1973. History [ edit ]
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On 22 April 2014, Crédit Agricole S.A., Crédit Agricole Nord and Crédit Agricole Nord-Est announced that they would sell 50% of their stake in Crelan S.A., a Belgian bank created out of the merger of Crédit Agricole Belgique and Centea, to Caisses coopératives belges by June 2015. [31] In 2017, the group bought three small Italian banks. [32]
The Générale de Banque (Dutch: Generale Bank) was a major Belgian bank, created in 1934 as a spin-off from the powerful financial conglomerate Société Générale de Belgique (SGB) in compliance with new Belgian legislation that mandated separation of commercial banking activities from investment holdings.