Group news / Agri Pro Express loans now available through Ma Banque

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Monday, 15 April 2024

Agri Pro Express loans now available through Ma Banque

The Agri Pro Express loan (Prêt Agri Express Pro, PEAP), which enables pre-screened, eligible* small business and farming customers to independently finance investments, lease vehicles and equipment or meet cash flow needs from within their dedicated customer area, is now also available through the Ma Banque app.

This self-service solution, which accounts for 25% of all applications, can be used for medium-term borrowing and leasing up to €50k and short-term borrowing up to €20k.
Around 43,000 PEAP loans were taken out in 2023, up 5% year on year. Leasing, which was added in 2022, continued to grow strongly (up 75%), with over a thousand lease agreements – equating to 10% of leasing customers – taken out via a PEAP loan.

The inclusion of the Agri Pro Express loan application process within Ma Banque – the result of close cooperation between Crédit Agricole S.A., CAL&F and the Credit and Distribution User and Product hubs – will make PEAP loans even more flexible, fuel further growth in the loan book and help develop leasing in response to high customer expectations.

Work is ongoing to deliver an end-to-end self-service process including electronic signature.

* Pre-screening refers to the pre-screening score, i.e. the risk score for small business and farming loans. A pre-screened customer has a good risk score and therefore qualifies for finance of up to €150k.
Eligibility refers to the purpose and amount of the planned borrowing, which must meet the criteria for a PEAP loan.

Catherine Barnel was elected Chair of the Provence Côte d’Azur Regional Bank at the conclusion of the annual general meeting held on 5 April 2024. Having joined the Toulon Local Bank’s Board of Directors in 2005, she became its Chair in 2012 before joining the Regional Bank’s Board of Directors in 2015. She has also been a winegrower since 2002.

Read the press release

MyPlace, the new Crédit Agricole Assurances intranet, went live on 21 March for all French entities and some international entities*. It will eventually serve all CAA employees worldwide. Over 170 employees were involved in designing this intranet, from mapping out its structure to choosing its name, with the goal of truly making it a shared home for CAA staff.

* CAAS, Pacifica, the Claims Management Units, Viaren LA, Spirica, UAF Life and CACI Milan and Dublin.

New Procedural Memorandum NF 2024-07, “Operation of the Regional Banks Risk Monitoring Committee (CRCR)”, sets out the committee’s purpose, role, membership and rules of procedure. It can be found online at the Affaires Générales site.

Read the procedure

PODCAST

In Spiccioli*, the financial education podcast produced by CA Italia in partnership with Amundi, has won the ABI (Association of Italian Banks) award for innovation in banking services, in the “Communication” category. Launched on the main streaming audio platforms in 2023 with the aim of educating the younger generation about savings and investments, In Spiccioli has racked up more than 40,000 listens and over 15 million views.

* “Small change”

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That’s the number of annual general meetings, held by 7,751 companies, at which Amundi voted in 2023. As a responsible investor, Amundi consistently and transparently exercises its voting rights to protect its clients’ interests. Review key figures from the 2023 voting season and the 2024 voting policy, which reflects Amundi’s holistic analysis of all issues liable to influence long-term value creation.

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VIDEO

Crédit Agricole Centre France releases a new corporate video with a powerful message

Crédit Agricole Centre France kicks off the video by painting a vivid picture of a world in which everything has ground to a halt.
A world in which nothing is happening: a world without farming, industry, sports events, urban development education or culture. A world without Crédit Agricole.

Thankfully, though, the Regional Bank is there every day to support development and economic activity for the five départements that make up its catchment area (Allier, Cantal, Corrèze, Creuse and Puy-de-Dôme) and the people who live in them.
Advisors on the ground, directors and customers all pay tribute to Crédit Agricole Centre France’s role in helping ordinary people turn their plans into reality.