Výroční zpráva\Annual Report - CETELEM ČR, as
Výroční zpráva\Annual Report - CETELEM ČR, as
Výroční zpráva\Annual Report - CETELEM ČR, as
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Cetelem Group<br />
No. 1 in consumer finance in Continental Europe<br />
Cetelem is a BNP Parib<strong>as</strong> Group company, that pioneered consumer credit in 1953 and Internet credit in 1997. It is the market leader in France<br />
and Continental Europe. With more than 30 million customers and 21,000 employees, Cetelem is present in 27 countries on 4 continents,<br />
including 16 f<strong>as</strong>t-growing emerging countries. Cetelem is also the preferred partner of retailers, banks and insurance companies, which benefit<br />
from its expertise in consumer credit.<br />
To know more about Cetelem:<br />
www.cetelem.com<br />
•54 years in the business<br />
•27 countries on 4 continents<br />
•21,451 employees, 51.7% of whom are outside France<br />
•€ 38.9 billion of production (up 18% compared with 2005)<br />
•€ 53.4 billion outstanding loans under management (up 19% compared with 2005)<br />
•€ 734 million pre-tax profit (up 22% compared with 2005)<br />
Major development milestones<br />
1953/1970<br />
• Cetelem, a pioneer of consumer finance, contributes to the development<br />
of the retail sector.<br />
1970/1990<br />
• Cetelem extends its scope of action to automobile (1971) and direct-to-customer<br />
credit (1973).<br />
• First developments outside France: Italy (1984), Spain (1988), Belgium<br />
(1989)…<br />
• First partnerships: Carrefour (1985), Conforama (1987), Bred, Banque<br />
Populaire (1988), Groupama (1989)…<br />
• 1985: Launch in France of the Aurore card, the first multi-brand<br />
credit card.<br />
1990/2000<br />
• Spreads operations to 13 new countries in Europe, Asia, Latin<br />
America and North Africa.<br />
• New partnerships: Caisses d’Épargne, Axa, But, Boulanger, Ikea…<br />
• 1999: Cetelem joins the BNP Parib<strong>as</strong> group.<br />
2000/2006<br />
• New footholds:<br />
Slovakia (2000), Germany (2001), Greece (2001), Mexico<br />
(2003), Algeria (2005), Romania (2005), Serbia (2005), Ukraine<br />
(2006), China (2006) and Russia (2006).<br />
• New partnerships: Dell, Dresdner Bank, EDF, KBC, Visa, M<strong>as</strong>ter-<br />
Card, Saint-Gobain, Comercial Mexicana, Submarino…<br />
• Reinforcement of the car financing business: Integration of Cofica<br />
(2000) and Crédit Universel (2002).<br />
• Takeover of Facet (90%) in 2002.<br />
• Industrial alliance with LASER-Cofinoga (2005).<br />
• Cetelem is No. 1 in France and Europe for Internet credit (general<br />
public and web merchants).<br />
VÝROČNÍ ZPRÁVA\ANNUAL REPORT 2006 11
Change language