Turnover: 2.1 billion EUR (2022)

Country: France

Crédit Agricole Consumer Finance (CACF) is a French consumer credit company, subsidiary of Crédit Agricole S.A., operating in 17 European countries as well as in China and Morocco.

cACF distributes (in France, mainly through its commercial brands Sofinco, Viaxel and Creditlift Courtage) a wide range of consumer credit products and related services via all distribution channels: direct sales, point-of-sale financing (automobile and home equipment) and partnerships.

Assets under management will reach 103 billion euros by the end of 2022, with net income of 595 million euros in 2021


Automobile: Crédit Agricole launches its new bank 05/04/2023

  • -Credit Agricole and Stellantis create Leasys, to accelerate Stellantis Group's vehicle leasing activities.
  • - Leasys is the result of the merger between Free2Move Lease (which managed leasing for PSA and Opel) and Leasys (which managed these activities for Fiat Chrysler).
  • - Leasys will be present in eleven countries and will control a fleet of 828,000 vehicles.
  • - It will distribute the Stellantis brands on an exclusive long-term leasing basis
  • -Crédit Agricole buys 100% of FCA Bank, a 1,900-strong former Fiat Group captive that has developed a multi-brand approach in 18 countries (17 European countries and Morocco) and its short-term rental subsidiary Drivalia
  • - FCA Bank changes its name to CA Auto Bank and will provide financing for some thirty brands
  • -CA Auto Bank has won the bid to take over the car leasing assets of ALD and LeasePlan in six European countries from Société Générale.
  • - CA Auto Bank aims to reach €10 billion in outstandings by 2026, compared with around €5 billion at present.
  • - Drivalia is aiming for 200,000 leased vehicles by 2026, compared with 55,000 today.
  • - The group intends to increase the proportion of electric or hybrid vehicles on hire from 30% today to 60% in 2026.

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