Sustained commercial activity, improved results and increased financial solidity
Published on 27/02/2014
The CM11‐CIC Group posted a sound performance in 2013. While pursuing its strong ambitions for members and customers, it successfully combined growth, efficiency and effective risk management. It continued to grow in its various business lines ‐ banking, insurance and services ‐ while helping to finance regional economic growth. Its sound commercial performances, boosted in particular by retail banking, which accounted for 80% of the Group's net banking income, enabled it to generate net income of more than €2.2 billion, up 21.5% year‐on‐year.