Crelan
€66 million (2018) | |
| Owner | 275.657 cooperatieve shareholders |
|---|---|
Number of employees | 2,859 including branches (2018) |
| Subsidiaries | Europabank |
Crelan was introduced as the bank brand after the merger of Landbouwkrediet / Crédit Agricole and Centea. It is a Belgian bank with roots in agriculture. It is part of Crelan Group, which was 50 percent owned by the Crédit Agricole Group. At the time, KBC and BNP Paribas were the other main shareholders. The arrival of a new bank brand will strengthen the group, in particular the group's online banking and the "Customer Protection" area. Through this acquisition, the new group intends to address the segment of the Belgian population that currently uses unbranded, incomplete financial services. In June 2015 Crelan became again a 100% Belgian cooperative bank, owned by its clients. In 2018 Crelan Group had 919,887 customers and +/- 600 branches, and made a net profit of €66 million.
Crelan has been designated in 2021 as a Significant Institution under the criteria of European Banking Supervision, and as a consequence is directly supervised by the European Central Bank.[1]
History
Its
In 2019, Crelan announced its intention to acquire AXA Bank Belgium, the Belgian banking business of French insurer
Sponsoring
Since 2001 the bank has sponsored several professional cycling teams, which hosted two world champions, Sven Nys, Wout van Aert and Sanne Cant.
References
- ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
- ^ Benoit Van Overstraeten (October 25, 2019), French insurer AXA to sell its Belgian bank for $689 mln Reuters.
- ^ "AXA has completed the sale of AXA Bank Belgium | AXA". AXA.com. Retrieved 2022-10-12.
- ^ Benoit Van Overstraeten (October 25, 2019), French insurer AXA to sell its Belgian bank for $689 mln Reuters.
External links
