Investor Type | Firm |
Industries | IT (& TMT) |
Investing | France |
Investment Range | $21,000,000 - $21,000,000 |
BRED Banque Populaire is a Paris-based commercial bank that offers an extensive range of services targeting both individuals and professionals. As a cooperative bank deeply rooted in its territories, they cater to over 1.3 million clients, providing services like wealth management, personal, property, and casualty insurance, brokerage, portfolio management, investment, internet and telephone banking services, cash management, mutual guarantee funds, and e-commerce services. Their operations span France, including Ile-de-France, Normandy, and overseas territories, and they extend their reach internationally through their subsidiaries. As a cooperative, BRED Banque Populaire is owned by its client shareholders who hold social shares contributing to the capital, playing a key role in the development of the real economy where the bank operates. They emphasize on building long-term relationships with their clientele, ranging from public service employees and students to private management clients, by offering tailored services suited to various life projects and financial needs. BRED's investment strategy includes a focus on Information Technology (IT) and the broader Technology, Media, and Telecommunications (TMT) sectors with a consistent investment range of €21,000,000. They continually update their service offerings such as dedicated banking plans for specific professions, auto financing, credit consolidation, savings plans like the Individual Retirement Savings Plan (PERI), and various insurance options including health and home insurance. BRED aims to deliver excellence in banking services while fostering a cooperative spirit, as highlighted by their commitment to community projects and women’s entrepreneurship programs like HEC Stand Up.