Credit Agricole Indosuez
Credit Agricole Indosuez
is a part of Calyon
: a subsidiary of Credit Agricole Group
. This body is the leading French bank
in terms of the size of its assets. The bank is included in the CAC 40 stock market index.
Credit Agricole Indosuez has its roots in the Banque de l'Indochine which has opened its 1875 first division in Saigon. Its initial aim was to issue banknotes for French Indochina. Later, the body began serving some French posts which were situated in New Caledonia, Oceania, and French Somaliland, as well as some regions of Asia, which were not controlled by the French. The construction of the Suez Canal, taking place in 1869, the steamship improvement, and the British-French Treaty from 1904 created favorable banking conditions in Singapore, and a French branch opened there in 1905.
The bank’s business in Asia was booming until the Second World War when the Japanese occupation forced it to close down. The body did not reopen until 1946. In 1975, Banque de l'Indochine merged together with Banque de Suez. The enterprise was named Banque de l'Indochine et de Suez, which in 1981 was renamed to Banque Indosuez. In 1996, Banque Indosuez was acquired by Crédit Agricole and named Crédit Agricole Indosuez. Crédit Agricole’s subsidiary Calyon was established in 2004. Today, Calyon Crédit Agricole CIB
is the corporate branch of Crédit Agricole and has two major branches - Capital Markets and Investment Banking and Financing, grouped in four main business divisions.
The Calyon Coverage and Investment Banking division monitors and develop corporate and financial institutions in France and abroad and offers advisory services and equity financing operations.
The Equity Brokerage and Derivatives division deals with equity brokerage, trading, equity derivatives and funds in Europe, Asia and the United States. The Fixed Income Markets division is in charge of sales and trading activities, providing market products for corporate and financial institutions. The Structured Finance division is Calyon’s loan and advisory arm.
The Transaction and Commercial Banking division offers numerous commercial banking services, including non-structured financings, guarantees and securities, trade finance, cash management, and liability management.
Calyon also has an International Private Banking arm offering an extensive range of investment products. Calyon is a limited-liability company with headquarters in Paris. Calyon today has a staff of 13,000 officials in 58 countries in Asia and the Pacific, Africa, the Americas, Central and Eastern Europe, Western Europe, and the Middle East.
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