Credit Agricole Bank Polska S.A.
Credit Agricole Bank is a universal bank that focuses on building long-term relationships with customers, providing professional consultancy and friendly customer service. The Bank offers its products and services through all access channels: mobile banking (CA24 mobile application), electronic banking (CA24 website), phone (round-the-clock CA24 call center in Polish, English and French) and a network of over 450 bank branches (own and partner ones) and nearly 350 CA Express credit agents. It is also one of the leaders of consumer finance market. Its instalment loans, sold under CA Raty brand, are available in more than 12,000 points of sale all over Poland. The Bank is strongly committed to responsible financing and corporate social responsibility. It focuses on using digital solutions and technological innovations in its activity. It is the first bank in Poland to have launched the electronic method of signing instalment agreements.
Credit Agricole Bank has a comprehensive offering of banking products and services for retail customers, small and medium businesses, corporations and farmers. The offering includes personal account packages, a constantly developed range of insurance and savings products and services (e.g. CA Saver), investment funds, mortgage and credit cards sold in branches and in retail chains in cooperation with partners. Holders of the bank’s payment cards, thanks to the biggest Discount Club in Poland, may use discounts available in more than 10,000 stores of the bank's 2,900 partners.
Credit Agricole Bank provides services to 2.1 million customers.
As at the end of 2015 it employed almost 5,400 people.
We want to be the most people-oriented bank in Poland, providing best client-centric solutions, stimulating growth of our employees and generating value with our partners.
We are expert in finance and insurance and we care about more than just money. We want our Customers, Employees and Partners to feel at home. Because, we care.
2014 was the year of intensive development for Credit Agricole Bank Polska, particularly in the corporate banking area and SME & AGRI segments. The net profit for 2014 was PLN 195.2m, and it was 5.4% higher than in 2013. This growth results from many initiatives that we implemented, which were aimed at increasing revenues on the one hand, and keeping costs under strict control on the other hand. Bank’s administrative costs went up by as little as 2.9%, and the cost of risk increased by 20.2% to PLN 181.1m.
Bank’s own funds taken into consideration for determining the capital adequacy ratio were over PLN 1.98bn, and fully met the capital requirements. The capital adequacy ratio remained at higher levels than required, reaching 12.58% at the end of 2014. Efficiency, expressed as Return On Equity ratio amounted to 10.6% at the end of 2014, whereas the Return On Assets stood at 1.2% (in 2013: 11.3% and 1.4% respectively).
The book value of loans granted to the Bank’s customers was PLN 13.25bn vs. PLN 11.39bn at the end of 2013. This significant growth (by over 16%) was driven by growth in the outstanding balance on corporate loans and the simultaneous growth of consumer and mortgage loans. Loans granted to customers accounted for 71.8% of the Bank’s total assets at the end of 2014.
Deposits placed by customers were the main source of financing for lending activities of Credit Agricole Bank Polska at the end of 2014, and they accounted for 69.3% of the balance sheet total (72.4% in 2013). The value of payables to the Bank’s customers was PLN 12.80bn compared with PLN 11.16bn at the end of 2013.
Results of Crédit Agricole Group companies in Poland
Crédit Agricole Group in Poland operates in many more areas than just banking. Therefore, the Bank has been publishing consolidated results of Crédit Agricole Group’s Polish companies since 2012. In 2014 these companies were: Credit Agricole Bank Polska, Europejski Fundusz Leasingowy, ARC Broker, Credit Agricole Service and LUKAS Finanse. The reason why the Bank publishes results in this way is that it is possible to compare them with those of majority of banking groups operating in the Polish market that publish consolidated results. These groups are composed, for example, of lease companies, investment funds, open pension funds, brokerage houses or factoring companies. In 2014 the aggregate net profit of the aforementioned Crédit Agricole Group companies in Poland was PLN 264.8m, and their balance sheet total was over PLN 25.3bn. The own funds of Crédit Agricole Group in Poland at the end of 2014 amounted to PLN 2.8bn.
The main principle of Credit Agricole Bank Polska strategy for 2015-2018 is to continue building a strong universal proximity bank, and to strengthen its position among leaders of the Polish banking sector, maintaining a strong position in the consumer finance market at the same time. The Bank plans to achieve these objectives by gradually increasing the number of active customers and building long-term customer relationships among other things. The relationships are to be based on professional advisory services, offers tailored to individual needs, and friendly customer service.
Since 2001 the French financial group Crédit Agricole, which operates in 50 countries, is the main shareholder of the Bank. The Group provides Credit Agricole Bank Polska with know-how and financial support in achieving the strategic goals.
Credit Agricole Bank Polska Spółka Akcyjna with the registered office in Wrocław,
53-605 Wrocław, pl. Orląt Lwowskich 1
registered in the Register of Business Undertakings of the National Court Register under No. KRS: 0000039887.
Register Court: District Court for Wrocław Fabryczna, 6th Commercial Division of the National Court Register.
NIP (Tax Identification Number): 657-008-22-74.
Share capital: PLN 699,000,000 fully paid.
REGON (business identification number): 290513140.
Credit Agricole Bank Polska is wholly owned by Credit Agricole Polska S.A.