Bancherul - BANCI / ENGLISH / Credit Agricole Bank Romania is the official name of the French subsidiary in Romania

Today, 16th of August 2012, the local subsidiary of the French Crédit Agricole Group has registered its new name at the Trade Register: Credit Agricole Bank Romania S.A. said the bank in a statement.

The moment marks the ending of the rebranding process started in June 14th 2012, with the announcement the local subsidiary’ shares transfer to the mother Group Crédit Agricole. The National Bank of Romania has approved this operation on 29th of June and on 18th of July, the adoption of the new logo and the rebranding of all territorial units have been done. Today the bank changes its legal name into Credit Agricole Bank Romania S.A.

“It is an historic date for us, a moment for which we are aiming and preparing since 2009, through significant investments in technology, processes and know how, despite the challenging economic environment. We are proud to introduce Crédit Agricole brand in Romania, which stands up for high standards in customer service, security of investments and deposits”, declared Mr. Pierre Martin, CEO of Credit Agricole Bank Romania.

The Crédit Agricole Group is market leader in universal customer-focused banking in France and one of the largest banks in Europe.

The Crédit Agricole Group seeks to serve the real economy by supporting its clients’ projects in all areas of retail banking and associated specialized business lines.

Emphasizing its values and its commitment, Crédit Agricole Group is the bank of common sense. It puts the satisfaction and the interests of its 54 million customers, 160,000 employees, 1.2 million shareholders and 6.5 million mutual shareholders, at the heart of its activities.

Crédit Agricole remains true to its cooperative and mutual origins by pursuing a proactive policy in terms of social and environmental responsibility. As part of this policy, Crédit Agricole is making continual progress on behalf of its customers, staff and the environment, as proven by quantitative indicators. (www.credit-agricole.com).