Crédit Mutuel Alliance Fédérale |

Crédit Mutuel Alliance Fédérale is a major banking player in France and Europe

A retail high-street banking establishment

Crédit Mutuel Alliance Fédérale is a cooperative bank proposing all financial services to a clientele of private individuals, professionals and companies. It's a major economic player in all French regions and in Europe.

Crédit Mutuel Alliance Fédérale is a dynamic and vigilant cooperative structure

In 2019, Crédit Mutuel Alliance Fédérale had excellent results and reinforced its position in various activities : banking, insurance, telephones and technological services. With a strong CET1 capital ratio of 17.3%, Crédit Mutuel Alliance Fédérale is placed in first position among French banks and among the best capitalised banking groups in Europe. The Banque Fédérative du Crédit Mutuel (BFCM) is the financial tool of the Group and therefore manages the liquid assets, subsidiaries and shares. The long and short-term grades attributed by rating agencies to the BFCM remain among the highest levels of those given to French banks.

Grades given by the major rating agencies (April, 2020)
S&P Fitch Ratings Moody's
Medium-Long Term A AA- Aa 3
Short term A- 1 F1+ P- 1
Prospects Negative1 Negative2 Stable

1 Following the COVID-19 crisis: rating remains at A/A-1, outlook revised to negative

2 Following COVID-19 crisis: IDR remains at A+, outlook revised to negative