Caisse d’Epargne Normandie

Activities

Caisse d’Epargne Normandie (CEN)*, a bank awarded B-Corp^TM certification, is a mission-driven financial institution. “A pioneer in savings, in financial education and social housing, a bank committed to promoting the attractiveness and sustainable growth of Normandy, Caisse d’Epargne Normandie supports local residents, entrepreneurs and economic players in the pursuit of their different life paths and projects.”

This corporate mission is enshrined in its Articles of Association and serves as the basis for all its actions. As a bank that is 100% cooperative, 100% Norman, and 100% useful to the economic, social and environmental development of its territory, the CEN pursues its actions, and keeps its decision-making processes, focused on the local level, close to the needs of its clientele.

As an impact-driven bank, it supports the transitions and transformations of its local region. The CEN has contributed to the financing of energy-efficiency renovations for housing managed by social housing providers in Normandy through a dedicated “renovation” fund of €50m, indexed to the Livret A passbook savings account.

The Fonds de dettes ETI Caisse d’Epargne, a private debt fund set up by the Caisse d’Epargne in favor of French mid-sized companies, completed its first financing transaction to support the growth of the Petit Forestier Group, the European leader in refrigerated vehicle rentals. Amounting to a total of €120m, this financing – co-arranged by Caisse d’Epargne Normandie and Caisse d’Epargne Grand Est Europe, which also serves as the CSR coordinator – is destined to modernize Petit Forestier’s fleet and help it complete its transition to low-carbon-emission vehicles.

The CEN, a socially inclusive bank and a long-standing supporter of the social & solidarity-based economy, has supported 66 projects through its Endowment Fund for a total of €634,707.

*Caisse d’Epargne Normandie is an independent cooperative bank, part of Groupe BPCE.

Sport & Patronage 

The CEN has launched a “Daily Health & Fitness” initiative through “Boost,” a program forming part of the “Impact” component of its strategic plan. Employees are invited to assess their cardiorespiratory fitness through a confidential questionnaire and an in-person test supervised by a professional. Fifty employees whose results fell into the “red zone” of the assessment grid received personalized support through 24 online sessions.

Customers have also been encouraged to combat their sedentary lifestyles through nine “Sport Branch” events in Évreux, Dieppe, Cherbourg, Alençon, Caen, Rouen, Saint-Lô, Deauville, and Le Havre. A total of 350 customers signed up for these events, supported by about 50 employees. Under the guidance of a fitness coach, they could choose between taking part in walking or jogging activities.

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