Crelan
For the professional cycling team, see Crelan-Euphony.
Industry | Finance and Insurance |
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Founded | 1937 |
Headquarters | Brussels, Belgium |
Products | Financial Services |
€52 million (2006) | |
Number of employees | 1,700 |
Subsidiaries | Europabank and Keytrade Bank |
Website | http://www.crelan.be/ |
Crelan (formerly Landbouwkrediet or Crédit Agricole) is a 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, Crelan-Euphony, since 2001.