CONFÉDÉRATION INTERNATIONALE DES BANQUES POPULAIRES
2016 ANNUAL
REPORT We stand for innovation in cooperative banking business and values
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67 YEARS OF INDUSTRY’S INSIGHTS BUSINESS NETWORKING OPPORTUNITIES AMONG 1705 COOPERATIVE AND POPULAR BANKS
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TABLE OF CONTENTS As “CIBP reloaded” we stand for innovation in cooperative banking business and values. Please learn more about our members and our activities on the following pages.
04
05 ABOUT CIBP
08
06 VALUES AND OBJECTIVES
09 AWARDS
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16 OUR LABS
24 OUR GOVERNANCE
FOREWORD
KEYS OF SUCCESS
26 OUR MEMBERS
CIBP WORLDWIDE
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ABOUT CIBP CIBP is the first international organization that brings together cooperative and popular banks and banks of territory from five continents, generating industry insights and providing a global network since 1950.
LABORATORIES
PRESIDENT ACTION PLAN
To design a novel business model that is digital-born, platform based, Iot capability driven and cross sectoral
CIBP+ A laboratory for decision makers in CIBP member institutions delivering tangible results from a moderated peer2peer learning.
LINK A collaborative training platform for executive managers to develop ideas and to reflect on strategic plans within a multi-cultural team.
RESEARCH Governance evolution due to new regulations or particular market evolution
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VALUES & OBJECTIVES
STRATEGIC PRIORITIES
We are the leading light in innovation. We are designing tomorrow`s cooperative bank. We generate industry`s insights and provide a global network. We take care of cooperative values, principles and their application.
We work shoulder to shoulder with our members for an innovative cooperarive banking business model that empowers members, customers and regional economies.
OUR OBJECTIVES Follow up of the study “Designing tomorrow`s cooperative an popular bank“ and create a platform to test new ideas and products in the Digitalization Lab.
We boost innovation and conduct research around the globe
We are an open and interconnected network and offer a platform to test new ideas & products
We link leaders, peers and talents to manage the transition from today to tomorrow
Promote and advocate the cooperative values and principle in the Governance Lab. Establish and maintain a strong network among members by training managenment skills and leadership abilities in an international environment. Enlarge the membership base.
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CIBP
Popular and cooperative banks have always acted with the aim to develop the economy of their territories of reference.
GIOVANNI DE CENSI CIBP PRESIDENT
„ The model of popular and cooperative banks continues to grow all over the world because it has never betrayed to the fundamental „ principle of proximity.
Proximity gives to our banks an important advantage: the direct knowledge of our clients
The CIBP is a platform that enables its members to exchange opinions, solutions and ideas.
During an assessment process, this advantage allows us to take in consideration other aspects than those already formalized in the financial statements. It also establishes a trustful relationship and a virtuous mechanism, especially with SMEs, which can help us to better manage major crisis. Several times I saw how it is important the
CIBP’s mission is to provide industry insights, to promote the exchange of best practices among cooperative and popular banks and all the other banks who operate with a similar vision and to leverage our members‘ values to boost their performance and regional economies. It is a laboratory of analysis and exchanges, a centre able to give to its members the
trust relationship between customer and bank.
right advices and suggestions that will help them to operate in a challenging context.
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As CIBP reloaded we stand for innovation in cooperative banking business and values.
ANDREA KARNER CIBP SECRETARY GENERAL
GRACE16 reflects the view of cooperative leaders across 126 Coop institutions from 18 industries in 52 countries More than 120 LINK Alumni from more than 10 member countries in 10 years More than 200 participants in the SME Forum 2016 on financial innovation
Highly commended by the European Association Awards 2017
More than 15 new B2B contacts to prospective new members
For the first time in our more than 65 year`s history CIBP was awarded by an European price. With our Intelligence Report GRACE 16 on Augmented Collaborative Economy we were rewarded for “Best Provision on Industry Information and Intelligence�. This recognition of excellence and exceptional quality helps us to improve our visibility and to increase our network`s footprint. The award brings increased credibility to
During the 3rd edition of the International Summit of Co-operatives 2016 in Quebec we took actively part in the B2B accelerator and in the GRACE16 Hackathon, which provided us with high level contacts to cooperative banking organizations in the US, Asia, Africa and Australia. On invitation of our Brazilian member Bancoob, we get valuable contacts with cooperative banking organizations in Chile, Colombia, Costa Rica and Peru. With Farm Credit Armenia we will welcome a
CIBP, strengthens our public profile and inspires our members, boards, committee and employees.
new CIBP member in 2018.
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CIBP AWARDED FOR BEST PROVISION OF INDUSTRY INFORMATION & INTELLIGENCE CIBP has been awarded with the High Commended Prize for “Best provision of Industry information & Intelligence” at the 2017 European Association Awards in Brussels.
ways Collaborative (C) Economy and digitalization could transform the Coop sector and represent the greatest growth potential and competitive advantage.
CIBP together Dr. Fotis Filippopoulos (Shakesteer) have been awarded for the GRACE16 project, a global research reflecting the views of Coop C-suite leaders and upper management, on the many
The European Association Awards recognises exceptional achievements and campaign excellence taking place throughout Europe, at both in-country and panEU levels.
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Digitalization CIBP as a critical component to our member banks‘ ongoing search for ways to identify and pursue growth opportunities.
Governance
OUR LABS
How cooperative values
Since mid-19th century, CIBP members have built
and attract members.
contribute to a good cooperative governance
a banking model based on the values of proximity, solidarity and democracy. Proximity to the customers, responsibility for the region and partnership with small and mid-sized
Regulation To share best practices
enterprises are the leading principles of CIBP
and to analyse future
members.
developments in the markets, including possible changes to European and international regulations.
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DIGITALIZATION LABORATORY With our CIBP Digital Lab we intend to position the Confederation as a critical component to our member banks‘ ongoing search for ways to identify and pursue growth opportunities as well as, deliver value to our customers, members and regional economies. CIBP labs analysed, observed and explored the main elements of a novel Business Model envisioned by its members with the 2015 CIBP study, entitled “Designing Tomorrow Cooperative and Popular Bank” to lead the future and face the coming challenges. In 2016, CIBP launched the Global Research on Augmented Collaborative Economy 2016 (GRACE16), conducted by Dr. Fotis Filippopoulos of Shakesteer. The research consisted of an empirical expert online survey in the first stage and explored the topic during two strategic Hackathons (guided strategic dialogues) among a group of highly selected experts, in the second stage. The Hackathons took place during the 18th International Cooperative Studies Conference (IGT/ ICCS) in Lucerne and the 2016 International Summit of Cooperatives, in Quebec City.
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EMPERICAL EXPERT ONLINE SURVEY The online survey, performed under the patronage of Mr. Florian Strassberger (DZ BANK AG, Germany), designed to investigate topics including digitalization, ecosystem economics and platform based business modelling under the prism of Augmented Collaborative Economy. Specifically, the areas of investigation included:
The current levels of penetration of cloud computing and digital platforms in the wider Coop sector.
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The investigation of the pillars, opportunities and obstacles to the adaptation and diffusion of ACE.
An assessment of the current value propositions; relationship and channels.
CORE MESSAGES 64% of Coops are behind the curve when it comes to C-Commerce. 79% of Coops expect a) An increase in their innovation and value creation capabilities b) The creation of many cross-sell opportunities either internally within the cooperative or with their external partners c) An improvement in their operational efficiency 67% of Coops believe that Coop & Popular banks within ACE, apart from their traditional products & services and the continuous improvement of internant and mobile banking, should: a) Introduce Financial Hubs instead of traditional bank branches b) Enable cross-sector cross-selling c) Enable the exchange of networks among Cooperative banks and other Coops
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GRACE16 HACKATHON The second stage was performed under the patronage of Mr. Marco AurÊlio Borges de Almada Abreu (Bancoob – Brazil), the GRACE16 Hackathon was a fast-paced collaborative process guided by Dr. Filippopoulos of Shakesteer. The main objective was answering critical business questions and developing efficient solutions targeting specific problem areas of ACE. A small highly selected international group of 44 leaders, experts, academics and practitioners, representing 10 Coop sectors and 34 organisations, from 22 countries. Moreover, 13 individuals representing the CIBP members. The focus was on identifying novel capabilities and opportunities as well as on exploring the many ways C-Commerce and digitalization could transform the Coop sector and represent the greatest growth potential and competitive advantage. The purpose of the hackathon was to identify concrete future research needs and opportunities by building on the results of the GRACE16 survey and collaboratively (in teams) answering a variety of critical questions characterizing ACE that were part of a three stage seven task canvasbased process for collaborative value architecture.
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CIBP LINK ALUMNI SURVEY CIBP members’ were involved during the year in an assessment focused on Big Data and Data analytics. The main finding of the exercise underlined how the Cooperative and Popular banks represented in the survey do not lack the skills, leadership and infrastructure to use data to drive insights and decision making. In this context we have surveyed representative of the CIBP members and partners who participated at the CIBP Link Alumni that took place at ADG in Montabaur in June 2016.
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surveyed representatives of the CIBP members and partners from 19 different organisations and 9 countries.
46%
33%
have started to invest in analytical process and hiring analysts.
17%
believe that the Cooperative and popular bank they work for have seen success over the time in using data driven decision making processes.
believe instead that to work for an Analytical competitor Organisation and that being a data driven Cooperative or popular bank has become their competitive advantage.
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GOVERNANCE LABORATORY In 2016 the CIBP Working Group Governance decided to put on track a Strategy Lab with the CIBP member countries and institutions to reinforce the instigation of cooperative governance best practices. In order to establish this objective in 2017 we activated a two-step process with the main objective to demonstrate why cooperative and popular banks are the first sustainable commercial preference in the market: Identifying what the CIBP members are currently doing to “protect� the cooperative identity and the cooperative governance model; Reinforcing the roles of each cooperative banking actor to assure a proper and fit cooperative governance;
1705
38 K
35 mm
Regional Banks
Branches
Members
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IN 2016 MAIN TOPICS UNDER ANALYSIS HAVE BEEN:
1
Single resolution Board and Single resolution Fund
REGULATION LABORATORY
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European Investment Fund’s products
The Expert Circle main objective is to share best practices and to analyse future developments in the markets, including possible
changes
international
to
European
and
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regulations.
Members of the expert Circle are meeting
Single Supervisory Mechanism
European regulators and supervisors.
4
Innovation and Fintech
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KEYS OF SUCCESS Based on our values proximity, solidarity and democracy, all CIBP activities are inspired by a multilevel approach and under the direct responsibility and sponsorship by a member of the Executive Committee. All the initiatives are elaborated in close cooperation with the CIBP Contact Persons Committee. The results are submitted to the CIBP Executive Committee. Projects are managed by a member of the CIBP General Secretariat.
Networking The common denominator of all our members are people. We put people at the center of change, connect & empower them to make a difference
Members Our members are the source of our success. Proximity to the customers, responsibility for the region and partnership with small and mid-size enterprises are their leading principles.
Laboratories With our laboratories we are a critical component to our member bank`s ongoing search for ways to identify and pursue growth opportunities.
Events We organize events where leaders of our member organizations meet to share their insights on emerging industry trends and challenges
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CIBP LINK TRAINING CIBP LINK is designed as a collaborative training platform for executive managers to develop ideas and to reflect on strategic plans within a multi-cultural team.
10 YEARS
Every year a new cycle starts in spring of the current year and ends in winter of the next year.
120 PARTICIPANTS
A cycle is composed by three modules. Each module is focused on a specific topic: strategy, leadership and innovation.
12 NATIONALITIES
”CIBP LINK PROGRAM CAN BE VIEWED AS A VERY SUCCESSFUL PROGRAM ABLE TO MIX DIFFERENT CULTURES, CREATE STRONG LINKS BETWEEN PEOPLEAND ORGANIZATIONS.” Frank Westhoff
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COMMUNICATION CIBP was communication partner of the 3rd International Summit of Cooperatives that took place in Quebec City in October 2016. Our communication primarily focused on the dissemination and promotion of this outstanding event. The Summit was hosted by our Member Desjardins and the International Co-operative Alliance. The International Summit of Cooperatives is the world‘s leading event for business development in the cooperative and mutual community. The event attracts more than 3,000 participants from 93 countries. News and press releases about the Summit and the GRACE16 presentation were spread worldwide, both on paper and digital media.
In this framework our CIBP newsletter plays a key role. On a weekly basis it informs around 500 people of the CIBP environment on Popular and Cooperative banks’ news, CIBP activities, market changes and the most important regulatory decisions.
The CIBP website has been refreshed. The updated site includes changes to navigation, with dropdown menus for both mobile and desktop versions. We also improved the structure of our content, so that you will get more from a quick read. There is a whole host of smaller but impactful changes, all to offer to our visitor experience an easier way to learn about CIBP.
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Pre-lab With a questionnaire and a webinar we gather the participants’ expectations and initiate exchange between the group and the facilitator.
CIBP PLUS CIBP Plus is a laboratory for decision makers in CIBP member institutions delivering tangible results from a moderated peer2peer learning. What it is
Organisational framework
We offer to experts of our member institutions a laboratory platform to get into an exchange on current high level strategic cooperative banking issues with their counterparts in other CIBP member organizations to encourages them to adapt the learned to improve the own institution.
Webinars, preparatory and follow-up activities will start one month before the two and a half days laboratory and be open-ended. Any premises of the CIBP members in any county, CIBP headquarters and ADG castle are eligible to host the event.
Laboratory Two and a half days of boot camp to elaboration solutions on individual case analyses, moderated by a 1st class facilitator.
Post-lab Webinars to present the progress and peer consulting as well as mutual mentoring ensure tangible results.
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20 Summit Quebec As a Silver Sponsoring partner of the event we obtained a remarkable visibility and got valuable B2B contacts to more than 10 banking institutions
HORIZON To enlarge our footprint and to obtain remarkable visibility in the banking world, B2B networking is essential Collaboration with peers
B2B meetings
In collaboration with ICA and the International Summit of Cooperatives 2016 we conducted GRACE16, a two stage reseach across 110 coop institutions from 18 industries and 47 countries to understand how a new cooperative banking business model can work.
We pushed industry and cross-industry networking to emerge new partnerships to the benefit of our members in addressing to other associations and our member organizations.
South America On invitation of Bancoob we met in Brasilia representatives of COOPEUCH (Chile), Coopcentral (Colombia), COOPEANDE (Costa Rica) and Pacifico (Peru)
WOCCU On invitation of the World Council of Credit Unions we were able to present the findings of our studies on perspectives of cooperative banks at the 2017 World Credit Union Conference in Vienna. 1,800 attendees are expected from 55 different countries.
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7TH FORUM CO-OPERATIVE BANKS AND SME’S On November 9th the “Forum Co-operative Banks and SMEs” took place in Brussels. This event was organized by CIBP in co-operation with EACB, UNICO and UEAPME and it was hosted by the European Economic and Social Committee (EESC). Since its inception, the event has evolved and became a reference at EU level as a platform that offers a comprehensive overview on SME’s financing. It takes on board the views of a wide variety of stakeholders, such as EU regulators, SME’s representatives and Co-operative Banks. It enhances a constructive dialogue to take a pulse on the evolving situation of SME financing across Europe. This year’s event was aligned with the CIBP activities on financial innovation and registered 200 people and addressed the topics “Hybrid lending platforms” and “Innovative SME Financing with EFSI”. A number of CIBP member banks representatives participated as speakers and attendees. After the Forum, CIBP organized a Fintech Workshop on 10th November 2016 to provide a closed forum for senior decision makers to consider and query the implications of increasingly open business models in finance. The Workshop considered the economic drivers and regulatory climate, new players and incumbent opportunities. The workshop was conducted by John Egan from Anthemis.
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CIBP GOVERNANCE This are our governing bodies. CIBP General Secretariat Implements the decisions of the Executive Committee. Also it coordinates, promotes and monitors the daily development of the activities.
Presidential Committee
Executive Committee
It is in charge for taking any ad hoc measures required in the interest of all members.
It holds all powers of managment and administration
General Assembly
Audit Committee
It holds full powers to allow the aims and activities of the Confederation to be carried out
It audits the books, accounts and financial situation of the CIBP, after the approval of an external accounting firm.
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OUR MEMBERS PRESIDENTIAL COMMITTEE De Censi, Giovanni
Creval
Italy
President
Declercq, Alain
CPH Banque
Belgium
CEO
Leroux, F. Monique
Desjardins
Canada
Vice-President
Köhler, Wolfgang
DZ BANK
Germany
Member of the Board of Managing Directors
Pérol, François
BPCE
France
CEO
Benchaaboun, Mohamed
BCP
Morocco
CEO & Chairman
Durant, Didier
CPH Banque
Belgium
Manager
Mounir, Mohamed Karim
BCP
Morocco
General Manager
Steffel, Margareta
ÖGV
Austria
AUDIT COMMITTEE
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OUR MEMBERS EXECUTIVE COMMITTEE Heller, Carlos
Banco Credicoop
Argentina
President
Clur, Sergio
Banco Credicoop
Argentina
General Manager
Fleischmann, Gerald
Volksbank Wien-Baden AG
Austria
Chairman
Declercq, Alain
CPH Banque
Belgium
CEO
François, Luc
CPH Banque
Belgium
Compliance Officer
De Almada, Marco Aurelio Abreu Borges
Bancoob
Brazil
CEO
Rodrigues Filho, Rubens
Bancoob
Brazil
CCO
Leroux, F. Monique
Desjardins
Canada
Vice-President
O’ Shaughnessy, Eliane
Desjardins
Canada
Senior Director
Thibault, Hubert
Desjardins
Canada
Senior Director
Pérol, François
BPCE
France
CEO of BPCE Group
Duhamel, Nicolas
BPCE
France
BPCE Group CEO›s Advisor in charge of Public Affairs
Martinie, Dominique
FNBP
France
Chairman of FNBP
Roux, Michel
FNBP
France
General Manager
Joffre, André
Banque Populaire du Sud
France
Chairman
Fröhlich, Uwe
BVR
Germany
Member of Board of Managing Directors, President
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OUR MEMBERS EXECUTIVE COMMITTEE Hofmann, Gerhard
BVR
Germany
Member of Board of Managing Directors
Kirsch, Wolfgang
DZ BANK
Germany
CEO
Kรถhler, Wolfgang
DZ BANK
Germany
Member of the Board of Managing Directors
De Censi, Giovanni
Creval
Italy
President
De Lucia Lumeno, Giuseppe
ANBP
Italy
General Secretary
Pedranzini, Mario Alberto
Banca Popolare di Sondrio
Italy
Managing Director
Jacobini, Gianluca
Gruppo Banca Popolare di Bari
Italy
CoGeneral Manager
Stacca, Michele
Banca Popolare di Puglia e Basilicata
Italy
President
Benchaaboun, Mohamed
BCP
Morocco
CEO & Chairman
El Basri, Hassan
BCP
Morocco
Manager Risk Group
Lebbar, Asma
BCP
Morocco
Chief of Presidency Office
Higuera, Roberto
Banco Popular
Spain
Vice Chairman Board of Directors
Echanjauregui, Juan
Banco Popular
Spain
Head of Global Relations with Supranational Institutions
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CIBP WORLDWIDE Austria Belgium France Germany Italy, Spain Canada Canada
20.000
Brazil
Morocco
Argentina
All our member institutions are signatories of the CIBP Charter of Cooperative and Popular Banks that states their Values and Commitments.
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CIBP WORLDWIDE ARGENTINA
BRAZIL
BANCO CREDICOOP COOPERATIVO LIMITADO
BANCOOB
Reconquista 484, C1003ABJ Buenos Aires Tel.: +54 11 43 20 50 00 Fax: +54 11 43 20 50 00 www.bancocredicoop.coop
AUSTRIA VOLKSBANK WIEN AG Kolingasse 14 - 16, 1090 Wien Tel: +43 (0) 1 401 307 - 0 Fax: +43 (0) 1 401 307 - 7600 www.volksbankwien.at
Edifício Sede SIG (Setor de Indústrias Gráficasà) - Quadra 06 - Lote 2.080, – 3º Andar - Brasília-DF - CEP: 70610-460 Tel.: +55 61 3217 - 5201 Fax: +55 61 3217 - 5200 www.bancoob.com.br BANCO COOPERATIVO SICREDI Av Assis Brasil, 3949 sao Sebastian - Porto Allegre - Brazil Tel.: +55 61 32 17 5201 Fax: +55 61 32 17 52 01 www.sicredi.com.br
ÖSTERREICHISCHER GENOSSENSCHAFTSVERBAND (ÖGV)
CANADA
Löwelstraße 14, A-1013 Wien
FÉDÉRATION DES CAISSES DESJARDINS DU QUEBEC
Tel.: +43 (0) 5040041 - 0 Fax: +43 (0) 5040041 - 45
100, Avenue des Commandeurs Lévis - G6V 7N5 Québec
www.oegv.info
Tel.: +1 418 835 2323 Fax: +1 418 833 4769
BELGIUM BANQUE CPH Rue Perdue 7, 7500 Tournai Tel.: +32 (69) 88 14 11 Fax: +32 (69) 88 14 90 www.cph.be
www.desjardins.com
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CIBP WORLDWIDE FRANCE
ITALY
GROUPE BPCE
ASSOCIAZIONE NAZIONALE FRA LE BANCHE POPOLARI
50, Avenue Pierre Mendès France - 75201 Paris Cedex 13
Piazza del Gesù, 46 - 00186 Roma
Tel.: +33 1 40 39 60 00 Fax: +33 1 40 39 60 60
Tel.: +39 06 695351 Fax: +39 06 6795558
www.bcpe.fr
www.assopopolari.it
FÉDÉRATION NATIONALE DES BANQUES POPULAIRES (FNBP)
MOROCCO
100-104, Avenue de France - 75201 Paris Cedex 13 Tel.: +33 1 40 39 67 71 www.fnbp.fr
GROUPE BANQUE CENTRAL POPULAIRE DU MAROC 101, Boulevard Mohamed Zerktouni, BP n° 106 22 Casablanca
GERMANY
Tel.: +212 522 20 25 33 Fax: +212 522 22 26 99
DZ BANK AG
www.gbp.ma
Platz der Republik 60265 Frankfurt am Main Tel.: +49 (0) 69 74 47-01 Fax: +49 (0) 69 74 47-16 85 www.dzbank.com BUNDESVERBAND DER DEUTSCHEN VOLKSBANKEN UND RAIFFEISENBANKEN (BVR) Schellingstraße 4 10785 Berlin Tel.: +49 (0) 30 2021-0 Fax: +49 (0) 30 2021-1900 www.bvr.de
SPAIN GRUPO BANCO POPULAR Calle Velázquez, 34 E-28001 Madrid Tel.: +34 91 520 70 41 Fax: +34 91 578 32 74 www.grupobancopopular.com
CIBP CIBP
CONFÉDÉRATION INTERNATIONALE DES BANQUES POPULAIRES
Avenue des Arts 3-4-5
Tel: +32 (0)2 209 16 80
E-mail: info@cibp.eu
B – 1210 Bruxelles
Fax: +32 (0)2 209 16 89
Web: http://www.cibp.eu