BPCE - 2018 Registration document
NON-FINANCIAL PERFORMANCE REPORT A range of services to meet the challenges facing our customers
Crédit Coopératif helps organizations and businesses reduce their environmental impact In liaison with the European Investment Bank (EIB), the European Commission and the European Union’s LIFE program, Crédit Coopératif has designed a solution to issue loans exceeding usual risk limits to finance energy efficiency projects. The bank that serves the social and solidarity-based economy benefits from technical expertise provided by specialized consultants to support its customers’ projects. The agreement also allows Crédit Coopératif to offer subsidized interest rates thanks to a guarantee mechanism. The loans are available to SMEs, non-profits, Local Public-Sector Entities, and Intermediate-Sized Enterprises (ISEs), enabling them to finance improvements in terms of heat or electricity consumption in existing buildings or the installation of production facilities or industrial processes. NEW GREEN FINANCING PRODUCTS SOLD BY THE BANQUE POPULAIRE BANKS AND THE CAISSES D’EPARGNE The decline in demand for regulated bank loans to finance thermal renovations in homes is due to two main factors – first, the low interest rate environment, which is encouraging customers to use standard bank loans to finance these renovations, and second, the regulatory framework, which is often unsuited to the needs of this market. This regulatory framework is due to be reviewed in 2019 and 2020.
This idea to create a specific offering came into being in 2013, when Banque Populaire Grand Ouest teamed up with other banking institutions to find out more about the CSR approaches adopted by SMEs, under the aegis of the French Banking Federation. Banque Populaire Grand Ouest’s business customer advisors were trained to administer a questionnaire designed to determine whether or not a company has established a CSR policy. The goal was to survey 70% of SMEs generating revenue of more than € 3 million that were customers of the banks on the panel. Banque Populaire Grand Ouest used the results to develop an offer to help SMEs implement a CSR policy: loans of up to € 20,000 for SME customers wishing to conduct an ● audit of their CSR performance with a view to qualifying for the “CSR company” status defined by the bank; loans of up to € 7.5 million, backed by Bpifrance Financement, to ● implement the company’s CSR action plan. To round out this offer, for many years Banque Populaire Grand Ouest has supported SMEs seeking to invest to reduce their energy consumption or develop their use of renewable energy sources. It provides this support via the PROVAIR offering and through a dedicated structure, Grand Ouest Environnement.
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2018
2017
2016
Number
Outstandings
Number
Outstandings
Number
Outstandings
Regulated green loans (outstandings in euros) PREVair (loans backed by LDD deposits) Ecureuil Crédit DD (loans backed by LDD deposits) Eco-PTZ (interest-free eco-loans) TOTAL REGULATED GREEN LOANS
156
1,943,890
187
1,779,992
382
4,000,493
3,141 4,333
32,052,160 62,339,050
3,429 5,380
33,404,530 78,555,542
4,545 5,347
44,638,043 79,008,160
7,630
96,335,100
8,996
113,740,064
10,274
127,646,696
2018
2017
2016
Number
Outstandings
Number
Outstandings
Number
Outstandings
Unregulated green loans (outstandings in euros) PREVair (loan backed by CODEVair deposits)
86
519,440
189
1,559,607 26,627,937 33,850,886 7,740,646
117
1,913,206 23,866,031 44,422,785 5,218,016
PREVair Auto (car loan) Ecureuil Auto DD (car loan)
2,100 3,203
28,284,350 34,922,610 8,961,010
2,064 3,258
1,903 4,332
PROVair
62
68
62
TOTAL UNREGULATED GREEN LOANS TOTAL GREEN LOANS (REGULATED + UNREGULATED)
5,451
72,687,410
5,579
69,779,076
6,414
75,420,037
13,081
169,022,510
14,575
183,519,140
16,688
203,066,734
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Registration document 2018
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