support and diversify the activity of the Credit Mutuel Centre Est Europe, Ile de France, Midi Atlantique, Centre, Loire-Atlantique&Centre Ouest, Normandie, Méditerranéen, Dauphiné-Vivarais, Ajou "CM11"and the Crédit Industriel et Commercial "CIC" networks
BFCM is the holding company of the group, acts as the central treasury to the CM11-CIC group and undertakes capital and money market activities on behalf the group.
Capital
Its capital is held by The Caisse Fédérale de Crédit Mutuel
for about 93 %.
BFCM carries the Group subsidiaries and coordinates their activities, covering the following various fields in finance, insurance, banking and information technology.
Funding arm
BFCM assumed the role of the central refinancing CM11-CIC Group
BFCM assumes the financial relations with the large corporates, local communities, and has a significant market share in flow processing payment, credit activities and financial engineering