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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".
The acquisition of Crédit Lyonnais s.a.l in 2002 prompted the bank to change its name to Creditbank s.a.l. Recording an average annual growth rate of some 20% for 7 years, the bank’s total deposits in 2013 surpassed the $2 billion benchmark for which it was awarded Lebanon’s prestigious Alpha Bank status. [ 1 ]
Carte Bleue started in 1967, associating six French banks: BNP, CCF, Crédit du Nord, CIC, Crédit Lyonnais, and Société Générale. Combined Visa cards have existed since 1973 under the name Carte Bleue Internationale, changing to Carte Bleue Visa in 1976. [2] From 1992 on, all Cartes Bleues / CB have been smart cards. When using a Carte ...
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.
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]
Logo of Indosuez Wealth Management Former Crédit Lyonnais building [], now offices of Indosuez Wealth Management in Geneva. Indosuez Wealth Management is the wealth management arm of the Crédit Agricole group and perpetuates the Indosuez brand, even though it covers a much narrower market segment than Banque Indosuez used to.
Crédit Agricole became CDM's owner following its purchase of Crédit Lyonnais in 2003. In February 2021, Crédit du Maroc signed a partnership with the National Agency for the Promotion of Employment and Skills (Anapec) to work on promoting entrepreneurship.