Groupe BPCE joins ORX
- 1 February 2019
The Operational Riskdata eXchange Association (ORX), the world’s leading operational risk association, is pleased to announce that Groupe BPCE has joined the association.
Groupe BPCE is the 98th ORX member and the fifth in France.
Groupe BPCE, the second-largest banking group in France, includes two independent and complementary cooperative commercial banking networks: the network of 14 Banque Populaire banks and the network of 15 Caisses d’Epargne. The Group is active in the fields of medium-sized company financing and private banking, notably through Banque Palatine, and in the area of real-estate financing through Crédit Foncier. It is a major player in Asset & Wealth Management, Insurance, Corporate & Investment Banking and Specialized Financial Services with Natixis.
Through its 106,500 employees, Groupe BPCE serves a total of 31 million customers and enjoys a strong local presence in France with 7,800 branches and 9 million cooperative shareholders. The Group’s long-term senior preferred debt is rated by four financial rating agencies: Moody’s (A1, stable outlook), S&P (A+, stable outlook), Fitch (A+, stable outlook) and R&I (A, positive outlook).
To find out more about Groupe BPCE, please visit their website: