(CercleFinance.com) – Crédit Agricole Consumer Finance announces the birth of CA Auto Bank, a bank present in 17 European countries and Morocco, following the agreements announced in 2021 with Stellantis, as part of the reorganization of the financial partnerships of the two companies.
It aims to become one of the main independent and multi-brand players in the financing and leasing of vehicles, with by 2026 at least 10 billion euros in assets and by 2030 at least 80% of new electric vehicles or hybrids.
In addition to expanding agreements with current partners, CA Auto Bank will announce new ones in the near future. It will gradually extend its field of action to all sectors of mobility, including boating and agricultural vehicles.
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