Crédit Agricole

El club más sostenible de América Latina

Hi,

We would love to introduce you something meanful, when we see today agricultors in pain we love to remember:

The history of Crédit Agricole is a story of solidarity that began in the soil. It was not born in the boardrooms of Paris, but in the rural fields of the 19th century to solve a specific, crushing crisis.

Why was it created? The Agricultural Crisis

In the late 1800s, French farmers from Jura were in a desperate situation. The industrial revolution was booming, but the traditional banking system completely ignored the rural world.

The Problem: Small family farms could not get loans. Commercial banks found them too risky and "unprofitable."

The Consequence: Farmers were forced to turn to usurers (private lenders with predatory interest rates) or remain in deep poverty, unable to buy equipment, livestock, or seeds.

The Solution: In 1885, the first local mutual bank was created in Salins-les-Bains. This paved the way for the Act of 1894, which officially allowed the creation of "Caisses Locales" (local banks).

Crédit Agricole was created to be a cooperative. It wasn't about shareholders making a profit; it was about farmers lending to other farmers. This "bottom-up" model allowed rural France to modernize and survive the transition into the 20th century.

Evolution: From "The Green Bank" to a Global Leader

Over the decades, the bank evolved through several key stages:

Post-War Reconstruction: It financed the mechanization of French agriculture after WWII.

Universal Banking: In the 1960s and 70s, it expanded into cities, began offering home loans, and eventually became a "universal bank" serving everyone from students to major corporations.

International Powerhouse: Today, it is one of the largest banks in the world, yet it remains rooted in its mutualist values—owned by its 11.5 million mutual shareholders.

The Bridge: From Farmers to Citizens to CityZeen

Just as Crédit Agricole once solved the crisis of rural exclusion, we are now facing a new crisis: the environmental and social transition.

The mission for Cityzeen is to serve as the "new financial vehicle" for this era. We are bridging the gap between traditional finance and a sustainable future. Our goal is to transform financial capacity into a tool for regeneration rather than just consumption.

Our Mission as a Sustainable Financial Vehicle:

Inclusion: Just as we brought credit to the "unbankable" farmers, we now bring sustainable investment opportunities to every citizen.

Mobility & Energy: By 2026, we aim for over 50% of our vehicle financing to be for electric or hybrid models, supporting the shift to green mobility.

The 90/10 Commitment: We are shifting our balance sheets toward a 90/10 ratio, where for every euro of fossil fuel financing, we facilitate nine euros of low-carbon energy.

At Cityzeen, we believe that being a "financial vehicle" means more than just moving money; it means driving society toward a model that respects both the person and the planet. We are the digital and sustainable continuation of that original 1885 spark: collective strength serving the common good.

With entusiasm,

Celina

History shows and makes us think twice to take the good path, pionners already have done the job today we dont invent nothing we adapt and facilitate to make it growth

Join us make part of the present here