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The Crédit Lyonnais (French: [kʁedi ljɔnɛ], "Lyon Credit [Company]") was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th century, it was the world's largest bank by total assets. [1]
LCL S.A. is a major French banking network that is part of the Crédit Agricole group, with registered office in Lyon and administrative head office in Paris, France. [2] It was established in 2005 from its predecessor the Crédit Lyonnais, and its name LCL refers to "Le Crédit Lyonnais".
Germain founded Crédit Lyonnais on 6 July 1863. [2] [3] It became the first bank in France to offer savings accounts with interest. [2]The first shareholders were Saint-Simon followers like Paulin Talabot (1799–1885), Barthélemy Prosper Enfantin (1796–1864), Arlès-Dufour, and Michel Chevalier (1806-1879). [2]
After the fire, Credit Lyonnais sold the building to the insurer AIG for 1.3 billion. [2] Since the beginning, the building was open to the public, who could pass through its entire length, including the main branch of the bank, an office for the staff, and the international office. After the fire, the building was divided into two separate spaces.
Carte Bleue (English: Blue Card) was a major debit card payment system operating in France. Unlike Visa Electron or Maestro debit cards, Carte Bleue transactions worked without requiring authorization from the cardholder's bank. In many situations, the card worked like a credit card but without fees for the cardholder.
Crédit Agricole Group (French: [kʁedi aɡʁikɔl]), sometimes called La banque verte (pronounced [la bɑ̃k vɛʁt], lit. ' The green bank ', due to its historical ties to farming), [4] is a French international banking group and the world's largest cooperative financial institution.
Pauget was born in Rumilly, Haute-Savoie in 1947. [2] [3] He received an M.A. in Economics from the University of Lyon and a Ph.D. in 1975 from the University of Bordeaux.[1]He has been Chairman of Union des Assurances Fédérales, TLJ SAS, Uni-Editions, CEDICAM, and SERVICAM.
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