Arkéa confirms its first-rate financial strength and the efficiency of its model
“In 2018, the Arkéa group achieved remarkable financial and commercial performances. Arkéa has once again demonstrated its ability to produce steady, profitable and balanced growth," said Chairman Jean-Pierre Denis at the end of the Board of Directors' meeting that approved the financial statements for 2018. In line with a benchmark 2017 financial year, the cooperative banking group maintained its performance at the highest level and set new records, with net income group share at €437 million, up 2.1%, up 30% over the past two years. These very good overall performances confirm the intrinsic solidity of a diversified group that has capitalized on its territorial roots, the agility conferred by its intermediate size and its recognized technological expertise to build an original development model which is adapted to the rapid changes in the banking industry.
Crédit Mutuel Arkéa decides to no longer be rated by S&P Global Ratings
Crédit Mutuel Arkéa has announced the termination of the agreement with the Confédération Nationale du Crédit Mutuel (CNCM) concerning Crédit Mutuel Arkéa’s ratings by S&P Global Ratings. The termination will come into effect on June 1st, 2019. Crédit Mutuel Arkéa will continue to be rated by Moody's Investor Services and Fitch Ratings.
Arkéa will send the request for disaffiliation to the Confédération Nationale du Crédit Mutuel following the vote of the local saving banks, which will be initiated when the separation file is finalised
The Arkea group is surprised by the position of the Confédération Nationale du Crédit Mutuel (CNCM) and points out that the request for disaffiliation to the CNCM will naturally come after the vote of the local savings banks on the terms and consequences of the separation, which will be initiated when the complete separation file is finalized.
The Arkea group renews its full availability to engage in serious and good faith discussions, far removed from the whimsical claims of the confederation's leaders, on the conditions of the separation chosen by 94.5% of the local savings banks.
Arkéa repeats its proposal to engage in serious and good faith discussions on the conditions for an orderly separation
The Arkéa group, which convened its Board of Directors today, once again expresses its misunderstanding following the decision of the Confédération Nationale du Crédit Mutuel (CNCM) to break off discussions in a brutal and unilateral manner even before they have actually been initiated.
Arkea announces the acquisition of net‐m privatbank 1891 to serve its clients’ growth in Germany
Arkea Banking Services, the subsidiary of Arkea Group dedicated to white‐label banking services, and Docomo Digital Germany GmbH enter this day into an agreement subject to conditions precedents to acquire 100% German bank Net‐m privatbank 1891. Net‐m privatbank 1891 is a German digital bank which enables its partners to provide financial services to their clients. Arkea Banking Services, a subsidiary of Arkea Group, is a French bank created in 2010, building and managing banking solutions for banking institutions, payment institutions and fintechs.