''Banque publique d'investissement'' (literally ''
rench
The Rench is a right-hand tributary of the Rhine in the Ortenau ( Central Baden, Germany). It rises on the southern edge of the Northern Black Forest at Kniebis near Bad Griesbach im Schwarzwald. The source farthest from the mouth is that of the ...
Public Investment Bank'', also known as Bpifrance, BPI Groupe S.A.) is a French public investment bank. It is a joint venture of two public entities: the
Caisse des dépôts et consignations and
EPIC BPI-Groupe, formerly EPIC OSEO.
The former subsidiary of EPIC OSEO, OSEO
S.A., became a subsidiary of Bpifrance known as
Bpifrance Financement.
The bank was directly supervised by the
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centr ...
due to its size.
Subsidiaries and minority interests
*
Bpifrance Financement S.A. (90%) (ex-
OSEO S.A.
EPIC BPI-Groupe (BPI is the acronym of ''Banque Publique d'Investissement'') is a French government agency, previously known as EPIC OSEO. In 2013, the French government reorganized their sovereign funds. OSEO's subsidiary, OSEO S.A., was merged ...
)
**
Bpifrance Régions (99%)
*
Bpifrance Participations (100%) (ex-
Fonds stratégique d'investissement
''Banque publique d'investissement'' (literally ''renchPublic Investment Bank'', also known as Bpifrance, BPI Groupe S.A.) is a French public investment bank. It is a joint venture of two public entities: the Caisse des dépôts et consignation ...
)
**
Bpifrance Investissement (100%) (ex-
CDC Entreprises
The Centers for Disease Control and Prevention (CDC) is the national public health agency of the United States. It is a United States federal agency, under the Department of Health and Human Services, and is headquartered in Atlanta, Georgi ...
)
**
Orange S.A.
Orange S.A. (), formerly France Télécom S.A. (stylized as france telecom) is a French multinational telecommunications corporation. It has 266 million customers worldwide and employs 89,000 people in France, and 59,000 elsewhere. In 2015, ...
(shared with
APE
Apes (collectively Hominoidea ) are a clade of Old World simians native to sub-Saharan Africa and Southeast Asia (though they were more widespread in Africa, most of Asia, and as well as Europe in prehistory), which together with its sister g ...
as the largest shareholders (23.04%); the rest publicly floats)
**FT1CI (79.2%, the rest owned by another French agency
CEA)
***STMicroelectronics Holding (50%; joint venture with Italian government)
****
STMicroelectronics (27.6% as the largest shareholders; the rest publicly floats)
**
Areva (3.32%)
*
Vallourec
Vallourec S.A. is a multinational manufacturing company headquartered in Meudon, France. Vallourec specializes in hot rolled seamless steel tubes, expandable tubular technology, automotive parts, and stainless steel, which it provides to energ ...
(7.10% as largest shareholders)
*
Stellantis (6.2%)
*
Constellium
Constellium SE is a global manufacturer of aluminium rolled products, extruded products, and structural parts based on a large variety of advanced alloys. Constellium's C-TEC research center has been credited for advancing technology in the fiel ...
(10%)
See also
*''
Agence des participations de l'État
''Agence des participations de l'État'' (APE, literally "State Participations Agency"), created in 2004 under the government of Jean-Pierre Raffarin, is the French agency responsible for managing the State's shareholdings in companies of strate ...
''
References
External links
*
{{authority control
2012 establishments in France
Banks established in 2012
Financial services companies established in 2012
European investment banks
Banks of France
Government-owned companies of France
Sovereign wealth funds
Banks under direct supervision of the European Central Bank