History

Milestones

2010 : 1 April 2010: Legal creation of Crédit Agricole Consumer Finance

Creation of a new subsidiary in China, 22nd country where Crédit Agricole consumer Finance is present. Crédit Agricole Consumer Finance signs an european partnership agreement with Pixmania. 


2009: Announces the merger of Sofinco and Finaref with a view to creating Crédit Agricole Consumer Finance. Fiat partnership extended to Jaguar, Land Rover, Chrysler, Dodge and Jeep.

2008: Sofinco enters the Slovakian market with the acquisition of OTP Leasing, a specialist in vehicle finance. Sofinco launches the first co-branded bank cards in France ( Renault, Total and Fiat in particular). Creation of a 50/50 joint venture linking Sofinco to Ford: Forso Nordic

2007: Sofinco becomes the first company specialising in consumer finance in the Netherlands after acquiring Interbank and Ribank. Finaref launches two new cards Madelios and Go Sport.

2006: Creation of a 50/50 joint venturelinking Sofinco to Fiat Auto : Fiat Group Automobiles Financial Services (FGAFS), renamed FGA Capital in 2009. Finaref agrees a partnership with Teleshopping.

2005: Sofinco moves in the Czech Republic through the complete takeover of CP Leasing, renamed Credium. Finaref agrees a partnership with La Maison de Valérie.

2004: As part of the merger between Crédit Agricole and Crédit Lyonnais, Sofinco buys out Finalion, Crédit Lyonnais's specialist consumer credit subsidiary. Finaref establishes itself in Denmark via Dan Aktiv.

2003: Finaref becomes part of Crédit Agricole S.A., which acquires it from the PPR group and launches a partnership with Club Med. 


2002 : Finaref agrees a partnership with Surcouf.

2001: Sofinco signs partnership agreements with Kingfisher and the insurance group Generali. Finaref becomes an insurer.

2000: Sofinco signs partnership agreements with Crédit Lyonnais. Launch of a partnership with Décathlon.

1999: Sofinco becomes part of Crédit Agricole S.A., which acquires it from Suez group. Creation of Viaxel (automobile).

1998: Sofinco expands into Germany followed by Hungary. Finaref takes over the management of FNAC and Printemps's store cards.

1996: Sofinco creates Credibom in Portugal.

1995: Finaref pioneers the telesale of insurance policy.

1993
: Sofinco signs a partnership agreement with Crédit Agricole.

1992: Finaref becomes a subsidiary of the PPR group.

1988: Sofinco opens its first international subsidiary with Wafasalaf (Morocco), then creates Agos in Italy. Finaref expands into Belgium.

1986: Finaref creates Mistra accountl, the first revolving loan attached to a brand launched in France.

1970: Creation of Finaref within La Redoute.

1957: Sofinco moves into vehicle finance by absorbing SAMFA.

1951: Creation of the Société de Financement Industriel et Commercial, Sofinco.

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About us

Crédit Agricole Consumer Finance is a specialised subsidiary of Crédit Agricole S.A. With €78.1 billion under management (of which more than 61% abroad ), operations in 22 countries, Crédit Agricole Consumer Finance is Europe's leading provider of consumer credit.

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