Groupe Banque Populaire
![]()  | |
| Semi co-operative | |
| Industry | Banking | 
| Founded | 1878 | 
| Headquarters | Paris, France | 
Key people  | Philippe Dupont, CEO | 
Number of employees  | 34,500 | 
| Slogan | Banque et populaire à la fois | 
| Website | www.banquepopulaire.fr | 
Groupe Banque Populaire is a French group of cooperative banks. It is controlled by 18 regional banks, the CASDEN Banque Populaire and the Crédit Coopératif.
In 2006, Groupe Banque Populaire created a new company with another French cooperative banking group, Groupe Caisse d'Epargne in order to create Natixis. The new Investment Bank is the result of the spin-off of the two Investment Banks of the two groups : Banque Populaire's Natexis and Caisse d'Epargne's IXIS Corporate and Investment Bank. Natixis is equally controlled by the two groups.
As of December 2008, Banque Populaire had:
- 3,460,000 sociétaires (shareholders)
 - 9,400,000 clients
 - 3,391 branches in France
 - a presence in 70 countries
 
Merger
In October 2008 the group announced plans, since approved by the French government, to merge with Groupe Caisse d'Epargne.[1] The companies merged in 2009 to form the Group BPCE[2] and retain their separate retail banking brands and branch networks. Banque Populaire's chief executive officer Philippe Dupont has been nominated to head the enlarged company.[1]
References
- 1 2 "French banks to merge in bid to weather storm". Agence France Presse (Google News). 8 October 2008. Retrieved 2008-10-17.
 - ↑ Jolly, David. Parent of French Bank Agrees to Guarantee Troubled Assets. New York Times. 26 August 2009.
 
External links
| Wikimedia Commons has media related to Banque Populaire. | 
