Sodecco - 12440- Profile

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Phone: +33 2 38 79 53 53
Address:
5, RUE ROBERT BOTHEREAU
45058 ORLEANS CEDEX,
Company Description
Sodecco is a one-bank holding company which provides lending, depository and other financial services in the central areas of France. It is a "Societe de Developpement Regional" - a bank which contributes to the development of the region in which it operates, through helping its local industries. Baticentre, its only fully consolidated subsidiary, is a land and real estate company. In 2000 Credit Industriel et Commercial acquired 64% of Sodecco. Interest and fees on loans accounted for 67% of 1998 revenues; interest income on bank deposits, 31% and other interest income 2%.
Key People
Chairman & Chief Executive Officer M. MICHENKO
Chief Executive Officer P. LABBE
Chief Financial Officer A. RIVET
Executive Director C. RICHE
Secretary A.-M. LUIZARD

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