Bpifrance

Banque publique d'investissement (literally [French] Public Investment Bank, also known as Bpifrance, BPI Groupe S.A.) is a French investment bank. It is a joint venture of two public entities: the Caisse des dépôts et consignations and EPIC BPI-Groupe, formerly EPIC OSEO.

Bpifrance

Native name	Banque publique d'investissement S.A.
Type	Société anonyme
Founded	2012
Headquarters	Maisons-Alfort , France
Key people	Nicolas Dufourcq (general manager)
Revenue	1,444 billions € (2018)
Operating income	1, 019 billions (2018)
Net income	€1.265 billion (2014[1])
Total assets	€59.736 billion (2014[1])
Total equity	€22.069 billion (2014[1])
Owner	Caisse des dépôts et consignations (50%) EPIC Bpifrance (50%)
Number of employees	2289
Subsidiaries	bpifrance investissement bpifrance participations bpifrance régions bpifrance financement bpifrance assurance export
Website	www.bpifrance.fr

The former subsidiary of EPIC OSEO, OSEO S.A., became a subsidiary of Bpifrance known as Bpifrance Financement.[2]

The bank was directly supervised by the European Central Bank due to its size.[3]

Subsidiaries and minority interests

• Bpifrance Financement S.A. (90%) (ex-OSEO S.A.)
  • Bpifrance Régions (99%)
• Bpifrance Participations (100%) (ex-Fonds stratégique d'investissement)
  • Bpifrance Investissement (100%) (ex-CDC Entreprises)
  • Orange S.A. (shared with APE as the largest shareholders (23.04%); the rest publicly floats)[4][5]
  • FT1CI (79.2%, the rest owned by another French agency CEA)[6]
    • STMicroelectronics Holding (50%; joint venture with Italian government)
      • STMicroelectronics (27.6% as the largest shareholders; the rest publicly floats)
  • Areva (3.32%)[7]
• Vallourec (7.10% as largest shareholders)[8]
• Stellantis (6.2%)[9]
• Constellium (10%)[10]

See also

• Agence des participations de l'État

References

1. "2014 Rapport Annuel" (PDF) (in French). BPI-Groupe S.A. 7 May 2015. Retrieved 21 February 2016.
2. "2014 Annual Report" (PDF). EPIC BPI-Groupe. Retrieved 20 February 2016.
3. "List of supervised entities" (PDF). European Central Bank. 1 January 2016. Retrieved 13 April 2016.
4. "2015 Consolidated financial statements" (PDF). Orange S.A. 16 February 2016. Retrieved 21 February 2016.
5. "Les participations publiques" (in French). Agence des participations de l'État. 30 April 2015. Retrieved 21 February 2016.
6. "2014 Annual Report". STMicroelectronics. 26 March 2015. Archived from the original on 9 July 2017. Retrieved 20 February 2016.
7. "2014 Reference document" (PDF). Areva. 30 March 2015. Retrieved 21 February 2016.
8. "2014 Registration Document" (PDF). Vallourec. 17 April 2015. Retrieved 21 February 2016.
9. "Bpifrance profite des résultats historiques de PSA". Les Echos. 26 March 2019.
10. "Rio Tinto completes divestment of 61 per cent of Alcan Engineered Products".

External links

• Official website (in French)