Crédit Agricole Group, sometimes called La banque verte (English: The green bank) due to its historical ties to farming, is a French international banking group.
It consists of a network of Crédit Agricole local banks, the 39 Crédit Agricole regional banks, and a central institute, the Crédit Agricole S.A. It is listed through Crédit Agricole S.A., an intermediate holding company, on Euronext Paris’ first market and is part of the CAC 40 stock market index. In August 2021, it reached the top of the CAC 40. Local banks of the group owned the regional banks, in turn, the regional bank’s majority owned the S.A. via a holding company, in turn, the S.A. owned part of the subsidiaries of the group, such as LCL, the Italian network, and the CIB unit. It is considered a systemically important bank by the Financial Stability Board.
Crédit Agricole can trace its history back to the end of the 19th century, specifically to the Act of 1884 establishing the freedom of professional association, which authorized, among other things, the creation of farm unions and the foundation of local mutual banks. Société de Crédit Agricole was created on 23 February 1885 at Salins-les-Bains in the district of Poligny in the Jura region.
The group’s acquisitions enabled it to strengthen its leadership in French retail banking, expand its position in corporate and investment banking and build up its international network of branches and subsidiaries. By now, the group was the number-one bank in France with 28% of the domestic market, the global number-two by revenues and number-ten by profits, according to Fortune magazine, and number-15 worldwide according to Forbes rankings.
According to Wikipedia