The Crédit Agricole Group, in support of development in the country and alongside the Réunion Regional Bank and Crédit Agricole Leasing & Factoring, has officially launched factoring in Réunion.

An event was held on September 25 and was attended by over one hundred people. Present was Christian Valette, Chief Executive Officer of the Réunion Regional Bank; Bernard Muselet, Deputy Chief Executive Officer of Crédit Agricole Leasing & Factoring; as well as a number of local business owners and leaders and members of the regional media.

In addition to the leasing investment-financing services they have already been providing for almost ten years, the rollout of factoring at the Réunion Regional Bank completes the line of specialised financial products they offer to businesses and professionals alike.

The new Crédit Agricole Leasing & Factoring location will enable clients of the island’s leading bank, Réunion Regional Bank, to now take advantage of financing solutions for their operating cycle, and benefit from the optimised credit management offered by France’s leader in factoring.

About Crédit Agricole Réunion:

A long-time partner in local agriculture, Crédit Agricole Réunion is the Island’s foremost banking institution and plays an essential role across all markets. Crédit Agricole Réunion counts not only virtually all farmers among its clients, but one in three residents as well. Crédit Agricole has demonstrated that it is committed to retail banking on Réunion and Mayotte with 32 retail branches operating.

For half a century now, Crédit Agricole Réunion has demonstrated its role as an integral part of the country’s economic fabric.

http://www.ca-reunion.fr

Press Contact, Réunion Regional Bank:

Shenaz Timol: + 33 262 40 82 48 - shenaz.timol@ca-reunion.fr

 

About Crédit Agricole Leasing & Factoring:

In France and abroad, Crédit Agricole Leasing & Factoring is a partner for business development, offering the best-adapted leasing and factoring solutions for business’ strategies, sectors, size and clientele. Crédit Agricole Leasing & Factoring is France’s leader in leasing and factoring.

Key figures as of 31/12/2011: 165 000 clients, 3 100 employees, €24.6 B in outstanding

www.ca-leasingfactoring.com

Press Contacts, Crédit Agricole Leasing & Factoring:

Valérie Carlet: +33 1 43 23 38 07 - valerie.carlet@ca-lf.com

Sophie Collot: +33 1 57 72 68 74 - sophie.collot@ca-lf.com

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