BFCM BFCM presentation



The BFCM and it's subsidiraires support and diversify the activity of the Credit Mutuel Centre-Est Europe, Sud-Est, Savoie Mont Blanc, Ile de France, Midi Atlantique, Centre, Loire-Atlantique Centre-Ouest, Normandie, Méditerranéen, Dauphiné-Vivarais, Anjou and the Crédit Industriel et Commercial networks.

BFCM at a glance

Its capital is held by The Caisse Fédérale de Crédit Mutuel for c.92.98%.

BFCM as the holding company of Crédit Mutuel Alliance Fédérale owns all the group's subsidiaries outside the mutualist scope. These subsidiaries cover the fields of bancassurance, specialised financial services (consumer credit, leasing, etc.), electronic banking and IT.

BFCM, acts as the central refinancing body and consolidates all the activities of the Crédit Mutuel Alliance Fédérale outside the mutualist scope.


As a holding company, the BFCM holds :

  • the Crédit Industriel et Commercial up to 100% ( direct and indirect detention), holding of the group CIC and leading network bank that also handles investment, financing and market actitivies ;
  • the Assurances du Crédit Mutuel S.A (GACM SA) up to 47,6% that notably holds the companies ACM IARD SA, ACM Vie SA and that conceive and handles the product lines regarding good's and responsability insurances, person's insurance and life insurance ;
  • Other specialized institutions both in France and abroad (especially the Banque Européenne du Crédit Mutuel (BECM), Groupe COFIDIS Participations, TARGOBANK in Germany and Spain, Crédit Mutuel Asset Management, Crédit Mutuel Factoring...).


The fields covered are the following : finance, insurance, IT and payment systems.

The BFCM, the CIC, the GACM and the different specialized institution by profession incorporate together the group BFCM.

Group's Subsidiaries

Funding arm

BFCM assumed the role of the central refinancing of Crédit Mutuel Alliance Fédérale

In order to perform it's duty of refinancing structure, the BFCM has a large set of debt programs and perform on domestic and international capital's market

BFCM dept programs

Corporate relations-Financial Engineering

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