Businessweek

Crédit Industriel et Commercial provides various banking and financial services primarily in France and internationally. Its retail banking services include life insurance, property-casualty insurance, equipment operating and finance leasing, real estate leasing, factoring, fund management, employee savings plan management, and real estate services. The company also offers credit facilities for large corporates and institutional customers, as well as specialized financing, including export financing, and project and asset financing. In addition, it provides capital market services comprising interest rate instruments, foreign currencies, equities, and brokerage services; and private banking services, such as finance and private asset management to entrepreneurs and private investors. Further, the company offers private equity services comprising equity investments, merger and acquisition advisory, and financial and capital markets engineering. As of December 31, 2011, it operated a network of 2,108 branches in France, 3 foreign branches, 36 foreign representative offices, and 30 foreign private banking offices. The company was founded in 1859 and is headquartered in Paris, France. Crédit Industriel et Commercial is a subsidiary of Banque Fédérative du Crédit Mutuel.