Société Marseillaise de Crédit
Encyclopedia
History
The Société Marseillaise de Crédit was created in 1865 by Joseph Grandval, Victor Roux, Albert Rostand and Armand Bergasse. Its first president was Jean-Baptiste Pastré. In 1880, its headquarters was built in MarseilleMarseille
Marseille , known in antiquity as Massalia , is the second largest city in France, after Paris, with a population of 852,395 within its administrative limits on a land area of . The urban area of Marseille extends beyond the city limits with a population of over 1,420,000 on an area of...
by Léon Verdier. Its first neighbourhood branch was opened in 1909. In 1913, it bought Banque du Sud-Est and the Comptoir Commercial d'Escompte du Midi, thus expanding all over Alpes-Maritimes
Alpes-Maritimes
Alpes-Maritimes is a department in the extreme southeast corner of France.- History : was created by Octavian as a Roman military district in 14 BC, and became a full Roman province in the middle of the 1st century with its capital first at Cemenelum and subsequently at Embrun...
, Hérault
Hérault
Hérault is a department in the south of France named after the Hérault river.-History:Hérault is one of the original 83 departments created during the French Revolution on 4 March 1790...
, Gard
Gard
Gard is a département located in southern France in the Languedoc-Roussillon region.The department is named after the River Gard, although the formerly Occitan name of the River Gard, Gardon, has been replacing the traditional French name in recent decades, even among French speakers.- History...
, Vaucluse
Vaucluse
The Vaucluse is a department in the southeast of France, named after the famous spring, the Fontaine-de-Vaucluse.- History :Vaucluse was created on 12 August 1793 out of parts of the departments of Bouches-du-Rhône, Drôme, and Basses-Alpes...
, Drôme
Drôme
Drôme , a department in southeastern France, takes its name from the Drôme River.-History:The French National Constituent Assembly set up Drôme as one of the original 83 departments of France on March 4, 1790, during the French Revolution...
, Aveyron
Aveyron
Aveyron is a département in southern France named after the Aveyron River.- History :Aveyron is one of the original 83 departments created during the French Revolution on 4 March 1790....
, Pyrénées Orientales and Aude
Aude
Aude is a department in south-central France named after the river Aude. The local council also calls the department "Cathar Country".Aude is also a frequent feminine French given name in Francophone countries, deriving initially from Aude or Oda, a wife of Bertrand, Duke of Aquitaine, and mother...
. In 1919, it spread to Tunisia
Tunisia
Tunisia , officially the Tunisian RepublicThe long name of Tunisia in other languages used in the country is: , is the northernmost country in Africa. It is a Maghreb country and is bordered by Algeria to the west, Libya to the southeast, and the Mediterranean Sea to the north and east. Its area...
, Algeria
Algeria
Algeria , officially the People's Democratic Republic of Algeria , also formally referred to as the Democratic and Popular Republic of Algeria, is a country in the Maghreb region of Northwest Africa with Algiers as its capital.In terms of land area, it is the largest country in Africa and the Arab...
and Morocco
Morocco
Morocco , officially the Kingdom of Morocco , is a country located in North Africa. It has a population of more than 32 million and an area of 710,850 km², and also primarily administers the disputed region of the Western Sahara...
. In the 1940s, it invested in businesses such as Noilly-Prat, Raffineries Saint-Louis, EDF
EDF
- Military :* Elmendorf Air Force Base, a United States Air Force Base in Alaska* Estonian Defence Forces, military of the Republic of Estonia* European Defence Force, an international military force by the European Council- Organizations :...
, and SNCF
SNCF
The SNCF , is France's national state-owned railway company. SNCF operates the country's national rail services, including the TGV, France's high-speed rail network...
. In 1956, it opened branches in trucks, thus reaching more customers. In 1968, it opened its first ATMs
Automated teller machine
An automated teller machine or automatic teller machine, also known as a Cashpoint , cash machine or sometimes a hole in the wall in British English, is a computerised telecommunications device that provides the clients of a financial institution with access to financial transactions in a public...
. In 1982, it was nationalized. It was on the Minitel
Minitel
The Minitel is a Videotex online service accessible through the telephone lines, and is considered one of the world's most successful pre-World Wide Web online services. It was launched in France in 1982 by the PTT...
in 1983, and its website was set up in 1995. In 1998, it was privatized again, and bought by the Crédit Commercial de France
Crédit Commercial de France
Crédit Commercial de France was a commercial bank in France, headquartered in Paris, avenue des Champs-Élysées. It became a wholly owned subsidiary of HSBC in April 2000, and was renamed HSBC France on 1 November 2005....
, owned by HSBC
HSBC
HSBC Holdings plc is a global banking and financial services company headquartered in Canary Wharf, London, United Kingdom. it is the world's second-largest banking and financial services group and second-largest public company according to a composite measure by Forbes magazine...
. In 2001, online banking
Online banking
Online banking allows customers to conduct financial transactions on a secure website operated by their retail or virtual bank, credit union or building society.-Features:...
was added to the website. In 2008, it was bought by Banque Populaire.