Media Press releases First half results 2022 Crédit Mutual Alliance Fédérale reported solid results to serve the regions [...]

First half results 2022 Crédit Mutual Alliance Fédérale reported solid results to serve the regions and solidarity

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Crédit Mutuel Alliance Fédérale achieved solid results in the first half of 2022, reflecting the exceptional
efforts of its 75,000 employees and 16,000 elected representatives.


These results yielded an increase in net banking income, which was in excess of €8.5 billion (+1.8% vs.
2021). Retail banking in particular generated €4.2 billion (+7.4%), an excellent performance. Net
income settled at a record level of €2.1 billion.

As the first bank to become an entreprise à mission (benefit corporation), Crédit Mutuel Alliance Fédérale
is fully committed to financing the local economy and supporting its members and customers,
especially those worst affected by the fall in purchasing power and the economic slowdown. Every
Crédit Mutuel or CIC customer has a dedicated advisor, enabling us to provide an effective and
personalized service.

1) Unaudited financial statements as at 6/30/2022 – limited review currently being conducted by the statutory auditors. 
2) After elimination of entities consolidated for the first time in 2022 (Crédit Mutuel Nord Europe, Crédit Mutuel Investment Managers, CIC Private Debt) and entities
deconsolidated in 2021 (FLOA).
3) Changes compared to December 31, 2021.
4) Estimate at June 30, 2022 - excluding transitional provisions.

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