The credit company, Cetelem, a subsidiary of BNP Paribas, was founded in 1953 with the aim of helping French households to finance their household equipment.
Specialist in credit, Cetelem has since become the leader in consumer credit in Europe.
Thanks to its partnership with the largest groups (mass distribution, banking establishments, insurance companies, automobile distribution), the subsidiary is also present in more than 30 countries around the world.
Cetelem's main activity is the distribution of consumer credit, the organization offers a full range of financial products (revolving credit, personal loan, car loan, credit redemption, etc.).
More recently, the establishment has diversified its activity by offering families products such as savings, insurance and even provident insurance.
Finally, Cetelem is also the first financial institution to have set up a business mediation for individuals, its objective is to resolve all problems in the event of a dispute.
Note: Cetelem is also one of the only credit organizations, offering the financing of a personal project for an amount of up to US $ 75,000.