Activity/organization/distribution structure

The corporate and investment banking business line meets the strategic challenges of Crédit Mutuel Alliance Fédérale's key account and institutional customers with a global approach to their needs. The corporate and investment banking business line offers specialized financing and development solutions tailored to the needs of each customer in France and abroad. It also supports the action of the business' networks for their large customers.

Within Crédit Mutuel Alliance Fédérale, the corporate and investment banking business line is provided by CIC Corporate, Structured financing, CIC Private Debt, and by CIC - with its international activities and foreign branches - based in France and abroad with CIC representative offices in over 50 countries and CIC branches in London, New York, Hong Kong, Singapore and Brussels.

Products/services proposed

Products and services proposed by CIC Corporate:

CIC Corporate is the point of entry and contact for Crédit Mutuel Alliance Fédérale's major customer accounts. It assists large French or foreign industrial companies, whether listed or not, with revenue of more than €500 million, in their development and in the framework of a long-term relationship. It also offers its solutions to institutional investors (insurance companies or pension funds) and to public/semi-public bodies such as large non-profits or social organizations. Organized by economic sector, the CIC Corporate team is made up of sales associates with a customer portfolio. They advise and provide financing solutions tailored to each need, activity and sector, by drawing on and coordinating the expertise of Crédit Mutuel Alliance Fédérale's business lines in France and abroad.

Products and services proposed by Structured financing:

CIC's structured financing department supports the projects of Crédit Mutuel Alliance Fédérale's corporate customers. It comprises four business lines: acquisition financing, project financing, asset financing and securitization. CIC offers support solutions which fit each type of transaction in France and abroad through its subsidiaries in New York, London, Brussels, Hong Kong and Singapore. CIC also offers a management activity to third parties through CIC Private Debt management company.

CIC's acquisitions financing business line supports customers' projects for corporate transfer, external growth and development. Its expertise and know-how in structuring enable it to offer financing adapted to each type of transaction.

In terms of project financing, after performing in-depth analysis of the project, CIC prepares tailor-made financial packages. It draws on the expertise and experience of a dedicated team of project analysts. CIC is notably involved in project financing in the energy and infrastructure fields. It has specific expertise in renewable energies. While Europe predominates in the geographical breakdown of assets under management (more than 70% of authorizations in 2020), CIC is also involved in projects in Asia Pacific and the Americas. Financing with a positive climate impact was up and totaled €2.2 billion at the end of 2020.

The asset financing business line offers its expertise both in France and abroad. It operates in the aeronautics sector for the financing of aircraft fleets or in maritime transport to finance transport vessels, passengers and containers. It also covers the energy sector, with the financing of LNG carriers and, since 2019, the rail sector.

The securitization business line is responsible for the sale of marketable securities. Since 2019, CIC has had a "Satellite" securitization vehicle that refinances the bank's securitization transactions with its corporate customers.

Products and services proposed by CIC Private Debt:

CIC Private Debt is a leading player in disintermediated financing for European SMEs and ISEs. CIC Private Debt offers a complete range of private debt with four financing solutions: Mezzanine and Unitranche, Senior Mid Cap Debt, Senior Large Cap Debt and Infrastructure Debt. CIC Private Debt, which has nine funds under management, managed €2.5 billion of assets at the end of 2020. As a signatory to the Principles for Responsible Investment and the France Invest Charter, CIC Private Debt strengthened its social and environmental commitments in 2020 through CIC Private Debt Philanthropy, a fund supporting public interest projects.

Products and services proposed by international activities and foreign branches:

CIC, through its international activities department supports corporate customers in carrying out their international projects. The support of these customers and the development of their activities abroad is achieved thanks to the support of Crédit Mutuel Alliance Fédérale networks in Germany, Spain and Switzerland, CIC branches and representative offices and strategic partnerships.

CIC's five branches in Great Britain, the United States, Hong Kong, Singapore and Belgium aim to support and finance corporate customers in strategic areas of the world. The mission of the 37 representative offices - including the five international development offices located in these branches - is to assist Crédit Mutuel Alliance Fédérale's customers in their development projects. In addition, these representative offices maintain effective relationships with local banks, with local customer branches, and respond to customer requests and needs (market information, search for a distributor, supplier, a commercial agent, etc.) and intervene locally on behalf of Crédit Mutuel Alliance Fédérale's other business lines, in close collaboration with CIC Aidexport branch. International customers support is also based on strategic partnerships: in Canada with Desjardins, in China with Bank of East Asia, in the Maghreb with Bank of Africa BMCE Group and Banque de Tunisie. Overall, through its various networks, more than fifty countries are covered.

The international activities department provides customers with a full range of offers to address development issues outside France. It offers banking products and services designed to guarantee, safeguard and finance international business transactions. Customers thus have access to documentary letters of credit, international guarantees, cash flow and currency risk management, export financing and working capital requirements.

Managed by a single ISO 9001-certified business center, the processing of international documentary transactions and guarantees is spread across France in five regional hubs to ensure close collaboration with corporate and investment banking branches.

In addition to the traditional roles of trusted intermediary in international business transactions, CIC offers companies international support. Through its specialized subsidiary, CIC Aidexport, customers receive personalized and flexible assistance and advice for their international development. Dedicated employees work closely with the network's account managers, branches and representative offices. Their role is to develop multi-market targeting, select partners, assist in the commercial or industrial implantation and offer a detailed and realistic analysis of the target market. In 2020, CIC Aidexport has simplified its offer and divided it into four areas: launch, development, sourcing optimization and implantation. In total, nearly 220 companies received support in 2020, including through CIC Aidexport, in addition to the companies supported by the representative offices alone.

Key figures in 2020

16.7 billion outstanding deposits

19.2 billion outstanding loans

2.2 billion euros positive climate impact financing

5 branches abroad

37 representation offices abroad