BPCE - 2018 Registration document

1 PRESENTATION OF GROUPE BPCE Organization of Groupe BPCE

Organization of Groupe BPCE 1.3

Overview The Banque Populaire banks and the Caisses d’Epargne are owned by 9 million cooperative shareholders. This highly stable shareholding structure is imbued with a strong cooperative spirit. BPCE SA group, the central institution of Groupe BPCE, is wholly-owned by the 14 Banque Populaire banks and 15 Caisses d’Epargne. It defines the policies and strategic objectives of the Group and coordinates the sales policies of each network. The Banque Populaire banks and Caisses d’Epargne are banks in their own right. They collect deposits and savings, distribute loans and define their priorities.

Important members of their regional economies sit on the Boards of Directors of the Banque Populaire banks and on the Steering and Supervisory Boards of the Caisses d’Epargne. Their resources are first and foremost allocated to meet the needs of local areas and regional customers. Drawing on their cooperative shareholding structure, the regional banks are able to develop their own regional corporate strategies and define joint strategies at Group level.

GROUPE BPCE ORGANIZATION CHART AT DECEMBER 31, 2018 (1) (2) (3) (4) (5) ➡

9 MILLION COOPERATIVE SHAREHOLDERS

100%

100% (3)

FNBP (1)

FNCE (2)

14 BANQUE

15 CAISSES

50%

50%

POPULAIRE BANKS

D’EPARGNE

BPCE

100%

71% (5)

SUBSIDIARIES (4)

NATIXIS

Fédération Nationale des Banques Populaires (1) Fédération Nationale des Caisses d’Epargne (2) Indirectly through Local Savings Companies (3) Banque Palatine, Crédit Foncier, BPCE International (4) Free float: 29% (5)

6

Registration document 2018

Made with FlippingBook flipbook maker