Industry Finance and Insurance Net income €52 million (2006) Founded 1937 Parent organization CrelanCo | Products Financial Services CEO Luc Versele (2013–) Number of employees 1,700 | |
Subsidiaries Europabank NV, Kaupthing Bank Belgium, Crelan Insurance SA Profiles | ||
Tv spot crelan tomaat zo hoort een bank te zijn
Crelan (formerly Landbouwkrediet or Crédit Agricole) is a Belgian bank with roots in agriculture. It is part of Crelan Group, which is 50 percent owned by the Crédit Agricole Group, one of Europe’s largest groups (own funds of €64.8 billion and net result of €6 billion.
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Its retail banking and commercial enterprises have grown to almost equal its agricultural interests. In 2006, the bank reported a growth rate of 49% according to International Financial Reporting Standards (IFRS) with a net result of €52 million. In recent years it acquired Europabank and Keytrade Bank. Landbouwkrediet was officially recognized as a bank insurance company in 2007, further strengthening its market position. It now has 1,700 employees, 280 branches, and 430,000 customers.
The bank have been sponsoring a professional cycling team, Landbouwkrediet–Colnago, since 2001.