Outstanding financial results serving an overall performance
"Arkéa's financial and commercial performance in all businesses has been remarkable in every respect, confirming the group's solidity, the relevance of its business model and its ability to create value in a fast-changing environment. The Arkéa group today has all the assets to position itself as a forerunner in finance at the service of a responsible economy and sustainable growth ", declared Chairman Jean-Pierre Denis at the end of the Board of Directors meeting that approved the financial statements for 2019.
Hélène Bernicot appointed Chief Executive Officer of the Arkéa Group
The Board of Directors of Crédit Mutuel Arkéa, meeting today, appointed Hélène Bernicot as Chief Executive Officer of the group, subject to approval by the supervisor. Hélène Bernicot was previously Head of the corporate secretariat and institutional communications department. She succeeds Ronan Le Moal who, after 25 years within the Group, wished to devote himself to a new professional project.
Jean-Pierre Denis, Chairman of the Arkéa Group, said: "I would like to pay tribute to Ronan's commitment and career path within our Group. Thanks to his involvement and his strength of conviction, Arkéa has become a pioneer of transformation in the banking industry and has been able to deliver, year after year, a remarkable growth trajectory. On behalf of all our employees and directors, I wish him every success in his endeavors.
Arkéa announces a €500 million bond issue to refinance projects in favor of social housing and the medico-social sector. Through the issue of its 1st social bond, Arkéa has raised funds to contribute to the economic development of the territories, in accordance with its vocation to support and finance the real economy.
Arkéa is one of the first European banking players in the social bond market. This type of bond is intended to refinance social projects.
A very favorable acceptance by the financial markets
On Thursday 26 September, when Arkéa issued its first social bond on the financial markets, investors were very interested: demand reached €1.3 billion in less than three hours. Asset managers and insurance companies, the main underwriters of this bond, have placed their trust in the Arkéa group.
Crédit Mutuel Arkéa* signs a protocol agreement regarding the split of the Crédit Mutuel Massif Central federation
Crédit Mutuel Arkéa signed today a protocol agreement with Caisse Fédérale de Crédit Mutuel and the Crédit Mutuel Massif Central federation defining the terms of the separation of the Crédit Mutuel Massif Central federation, which will take place on 1st January 2020.
The signature of this protocol is the result of the negotiation process initiated last February with Crédit Mutuel Alliance Fédérale and the Crédit Mutuel Massif Central federation, in compliance with the fundamental principle of the decision-making autonomy of local savings banks, since Crédit Mutuel Massif Central's local savings banks have expressed their desire to change their inter-federal bank.
This negotiation process took place in a respectful climate and in good faith. It reflects the constructive relations that the Arkéa group wishes to establish with the Confédération Nationale du Crédit Mutuel, as part of the forthcoming discussions on the Arkéa group's independence process, once the discussions with supervisors have been finalised.
Crédit Mutuel Arkéa and Discover® Global Network sign an agreement
Discover Global Network, the payments brand of Discover, and Arkéa have signed an acquiring agreement that will allow merchant clients of Arkéa group's distribution networks to accept Discover, Diners Club International and alliance partner cards from physical POS terminals, via mobile terminals, and online from payments webpages. Arkéa group’s ATMs will also accept cards that are part of Discover Global Network for cash withdrawals.