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

As the bank for all, Crédit Mutuel Alliance Fédérale demonstrated the relevance and robustness of its mutual banking and insurance model, taking exceptional solidarity and assistance measures to support its personal, professional and business customers. With a strong CET1 capital ratio of 17.8%, 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 (December, 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