Crédit Agricole CIB

Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) is one of largest commercial bank in France and one of the largest international banks in Europe. As a Full Banks in Singapore, Crédit Agricole CIB may provide the whole range of commercial banking business approved under the Banking Act. 

Crédit Agricole CIB in Singapore provides a wide range of corporate and investment banking products and services, fixed income and structured finance solutions including structured trade finance facilities to international commodity traders, producers, refiners and importers.

Crédit Agricole CIB strongly supports the status of Singapore as a leading regional oil and commodity hub. The main counterparts and clients of its Fixed Income Markets and Structured Finance business lines are based in Singapore and South-East Asia, and include corporate and financial institutions.

The Corporate & Financial institutions coverage brings together Crédit Agricole CIB's global product and business lines to offer tailor-made solutions to meet the needs of Singapore's international client base, especially in the areas of forex and liability management, and structured finance. Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, Crédit Agricole CIB may also carry on any other business which is regulated or authorized by MAS, including financial advisory services, insurance broking and capital market services.

Commercial banks in Singapore are licensed under and governed by the Banking Act. They may undertake universal banking. Besides commercial banking, which includes deposit taking, the provision of cheque services and lending, the banks may also carry on any other business which is regulated or authorised by MAS, including financial advisory services, insurance broking and capital market services. (Section 30 of the Banking Act defines the permissible activities). Commercial banks and their representatives do not have to be separately licensed to carry out such activities, but must comply with the business conduct requirements prescribed in the Financial Advisers Act (FAA), Insurance Act (IA) and Securities and Futures Act (SFA) accordingly.