Landbouwkrediet

Landbouwkrediet
Industry Finance and Insurance
Founded 1937
Headquarters Brussels, Belgium
Products Financial Services
Net income 52 million (2006)
Employees 1,700
Subsidiaries Europabank and Keytrade Bank
Website http://www.landbouwkrediet.be/

Landbouwkrediet (Dutch name) or Crédit Agricole (French name) is a 70 year old Belgian bank with roots in agriculture.

Its retail banking and commercial enterprises have grown to almost equal its agricultural interests. In 2006, the bank reported a growth rate of 49% according to International Financial Reporting Standards (IFRS) with a net result of 52 million. In recent years it acquired Europabank and Keytrade Bank. Landbouwkrediet was officially recognized as a bank insurance company in 2007, further strengthening its market position. It now has 1,700 employees, 280 branches, and 430,000 customers.[1]

The bank have been sponsoring a professional cycling team with the same name, Landbouwkrediet, since 2001.

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