View source for Crédit Foncier de France

{{Update|date=September 2020}}
[[File:P1040384 Paris Ier rue des Capucines immeuble n°19 rwk.JPG|thumb|Former head office of Crédit Foncier at 19, rue des Capucines in Paris]]

'''Crédit Foncier de France''' ({{IPA|fr|kʁedi fɔ̃sje də fʁɑ̃s}}, '''CFF''') was a major French bank, active from 1852 to 2019 when its activities were entirely subsumed into [[Groupe BPCE]], although the brand name appears to remain active. 

==History==
[[File:Rue des Capucines, Paris, 1913.jpg|thumb|Entrance of Credit Foncier de France, {{circa|1913}}]]
The Crédit Foncier (English: landed credit) initially made loans to [[commune in France|communes]]. The movement was initiated by [[Louis Wolowski]] and [[Count Xavier Branicki]], and sanctioned by Emperor [[Napoleon III of France|Napoleon III]] in 1852 in an attempt to modernize the medieval French banking system and expand French investment outside Europe. Its name became the "Banque Foncière of [[Paris]]". Similar institutions at [[Nevers]] and [[Marseille]] were amalgamated into one under the title of "Crédit Foncier de France". The amount of the loan could not exceed half of the value of the property pledged or hypothecated, and that the repayment of the loan was by an [[Annuity (finance theory)|annuity]], which included the interest and part of the principal, terminable at a certain date. The Crédit Foncier had a monopoly on mortgages.

In French banking terminology, a "credit foncier loan" typically refers to a loan for a fixed period with regular repayments where each repayment includes components of both principal and interest, such that at the end of the period the principal will have been entirely repaid. This is to be contrasted with an [[interest-only loan]] where the repayments are of interest only.

On 26 June 2018 it was announced that the organisation was to be closed, and its activities integrated into BPCE. The brand appears to remain active.<ref>{{Cite news|url=http://www.globenewswire.com/news-release/2018/06/26/1529774/0/en/Groupe-BPCE-launches-a-project-geared-to-integrating-Cr%C3%A9dit-Foncier-s-activities-and-teams-into-the-Group.html|title=Groupe BPCE launches a project geared to integrating Crédit Foncier's activities and teams into the Group|last=Bpce|work=GlobeNewswire News Room|access-date=2018-06-26}}</ref>

==Former headquarters==
[[File:Hôtel Évreux.jpg|thumb|Façade of the former Crédit Foncier complex on [[Place Vendôme]]]]
[[File:Hôtel d'Évreux, cour 01.jpg|thumb|Interior court of the former {{lang|fr|Hotel d'Evreux}}]]

The Crédit Foncier used to be headquartered in a prestigious building complex that included the former {{ill|Hôtel d'Évreux (place Vendôme){{!}}Hôtel d'Évreux|fr|Hôtel d'Évreux}} on [[Place Vendôme]], and the {{lang|fr|Hôtel Castanier}} on rue des Capucines as well as a number of adjacent constructions. Crédit Foncier moved into the Hôtel Castanier as early as 1854,<ref>{{cite web |website=Paris Promeneurs |title=L'hôtel Castanier, Crédit Foncier de France |date=13 March 2023 |url=https://paris-promeneurs.com/l-hotel-castanier-credit-foncier/}}</ref> had it remodeled by architect [[Antoine-Nicolas Bailly]], and expanded into the Hotel d'Evreux in 1896. 

The property was sold by Crédit Foncier to the [[House of Thani|Thani family]] of Qatar in 2003 for 250 million euro,<ref>{{cite web |website=Les Echos |title=Le Crédit Foncier cède son patrimoine à l'émir du Qatar |date={{date|2003/02/13}} |url=https://www.lesechos.fr/2003/02/le-credit-foncier-cede-son-patrimoine-a-lemir-du-qatar-659766}}</ref> and was comprehensively renovated from 2009.

== Financial summary for the first half of 2025 ==

* Net interest margin: €60 million (€75 million in the same period in 2024),
* Net commissions: €4 million,
* Net banking income: €63 million (€78 million in 2024),
* General operating expenses: €29 million,
* Gross operating income: €34 million,
* Cost of risk: -€1 million (negative, i.e., net allocation),
* Profit or loss on long-term investments: €1 million,
* Pre-tax income: €34 million,
* Income tax expense: €12 million,
* Net profit: €22 million (€39 million in 2024).

The balance sheet size reached €59.1 billion as of June 2025, comparable to €61.0 billion at the end of 2024. The total amount of bonds covered increased to €51.7 billion.<ref>{{Cite web |last=Foncier |first=Compagnie de Financement |date=2025-07-23 |title=Compagnie de Financement Foncier : Results of Compagnie de Financement Foncier for the first half of 2025 |url=https://www.globenewswire.com/fr/news-release/2025/07/23/3120515/0/en/Compagnie-de-Financement-Foncier-Results-of-Compagnie-de-Financement-Foncier-for-the-first-half-of-2025.html |access-date=2025-11-22 |website=GlobeNewswire News Room |language=fr-ca}}</ref>

==See also==
* [[List of banks in France]]

==References==
<references />
* [http://www.creditfoncier.fr/ Crédit Foncier website]
* {{Cite Americana|wstitle=Crédit Foncier|year=1920}}
* {{Cite NIE|wstitle=Crédit Foncier|year=1905}}

==External links==
* {{Cite EB1911|wstitle=Crédit Foncier |short=x}}
* {{PM20|FID=co/005506|TEXT=Documents and clippings about|NAME=}}
{{Portal|Banks}}

{{DEFAULTSORT:Credit Foncier de France}}
[[Category:Defunct banks of France]]
[[Category:Banks established in 1852]]
[[Category:French companies established in 1852]]
[[Category:Banks based in Paris]]
[[Category:BPCE]]

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