Turnover: 19.8 billion EUR (2021)
Country: France
crédit Mutuel is a French banking, insurance, electronic banking, telephony, home monitoring and media group. Its origins date back to 1847, when Frédéric-Guillaume Raiffeisen decided to create an "Association pour le pain" and a community bakery.
Crédit Mutuel is a mutual company made up of 5,390 local cooperative and mutualized mutuals, grouped into 18 regional federations, which in turn form a national confederation.
In addition to the Crédit Mutuel brand, the group operates under the CIC brand and also owns majority stakes in various companies active in the "bancassurance" market (Cofidis, Monabanq), mobile telephony (NRJ mobile) and regional press (with Groupe EBRA, which publishes Le Dauphiné libéré, Le Progrès, Dernières Nouvelles d'Alsace and L'Est républicain).
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