Martinez Luis Andres

Flores Angelica
Joung Byungln
Irani Felipe
Hdv Edouard

Crdit Coopratif
Diversified banking group which offers a wide
range of banking products and services.
It is not only a bank, it is also a cooperative.

Crdit Coopratif

It finds its origins in the Social Economy

movement of the late 19th century.
Founded 120 years ago, the values of the bank
have remained the same and are written in its
Principle Declaration:
Working towards the development of legal entities
that are part of the social economies, as well as
supporting public individuals.

Mission

Working towards social responsibility, defining

social responsibility through cooperative banking
and developing guidelines.
Developing financial traceability tools.
Assessing its impact on the community in a
transparent way.
Inform and educate its clients and members
through guides and educational material.

Cycle of money
Resources of Crdit coopratif
- Money deposit (current accounts, saving
accounts, short term deposit)
- Capital
- Retained earnings
- Interbank transactions
75% of resources used to finance loans
25% cash surplus reinvested on short terms

Cycle of money
Loans repartition
- 50% private companies
- 40% public interest structures
- 10% public individuals
65% of credits finance social and solidarity
economy: Social housing, Handicap, Health,
Environment, Tourism, Sport

VCCT initiative
Voluntary contribution of Crdit coopratif
On every currency transactions at a rate of 0.01%
Objective is to provide innovate funding for development in
developing countries
Beneficiaries are several NGOs recognized in the international
cooperation for development
Other notable initiatives launched by the bank:
Carte Agir : a credit card which generates a small amount from
the bank for a charity, a NGO or anassociation for the activation
and then, for each withdrawal. (2003)
QPS: 0.02% of the last bond issue of the Crdit coopratif was
offered to an association (2010).

I. Professionalism
Misrepresentation

Stating that they would

provide consistent and
faithful representation of
the assets, the financial
situation

II. Integrity of Capital

Markets
Material Nonpublic Information

Forms the subject of a full

report that was issued to
each member of the
Board of Directors every
year

III. Duties to Clients

Fair Dealing
Every member has the right to vote at
the annual general meeting under the
principle one person, one vote.
Performance presentation.
Credit cooperative assigned personal
staff for each client (private and
individual clients)
Preservation of confidentiality
C.C has a strict policy of transparency. It
explains where does the money for
credits is received and where does it
transfer

IV. Duties to Employers

Additional Compensation
The ECOFI (Asset Management) has a Say on
Pay system, which means shareholders vote
along to decide executives compensation
For Credit Cooperatif, Market Operators have
limited bonuses (no more than 4 months salary)

V.

Investment Analysis,
Recommendations and Actions
Dilligence and Reasonable Basis
Portfolio Managers are checked every month
Administration Council meets two to three times a year
Direction Committee meets weekly
All this actions guarantee responsible management of the
portfolios and researches related to them.

VI. Conflicts of Interest

At least one member of the
Audit Committee has
specialist financial or
accounting skills, and is
independent as per the
criteria set out and published
by the Board of Directors

End
Its time to give priority to the real economy, that
we finance as our vocation and as a matter of
choice, and to patient finance that reflects lifes
rhythms; the current situation lead us to believe,
without pretentiousness but with conviction,
that we are right in doing so.
Jean-Claude Detilleux, Chairman of Crdit
Coopratif Group
Any questions?