LCL S.A. is a major French banking network that is part of the

Crédit Agricole Crédit Agricole Group (), sometimes called La banque verte (, , due to its historical ties to farming), is a French international banking group and the world's largest cooperative financial institution. It is the second largest bank in France, ...

group, with

registered office A registered office is the official address of an incorporated company, association or any other legal entity. Generally it will form part of the public record and is required in most countries where the registered organization or legal entity ...

Lyon Lyon (Franco-Provençal: ''Liyon'') is a city in France. It is located at the confluence of the rivers Rhône and Saône, to the northwest of the French Alps, southeast of Paris, north of Marseille, southwest of Geneva, Switzerland, north ...

and administrative head office in

Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...

, France. It was established in 2005 from its predecessor the

Crédit Lyonnais The Crédit Lyonnais (, "Lyon Credit ompany) was a major French bank, created in 1863 and absorbed by former rival Crédit Agricole in 2003. Its head office was initially in Lyon but moved to Paris in 1882. In the early years of the 20th cen ...

, and its name LCL refers to "Le Crédit Lyonnais". As of 2005, it served about 6 million customers in 2000 branches in

France France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlan ...

Sponsorship

LCL sponsors the

yellow jersey The general classification of the Tour de France is the most important classification of the race and determines the winner of the race. Since 1919, the leader of the general classification has worn the yellow jersey ( ). History For the first t ...

, worn by the race leader of the

Tour de France The Tour de France () is an annual men's multiple-stage cycle sport, bicycle race held primarily in France. It is the oldest and most prestigious of the three Grand Tour (cycling), Grand Tours, which include the Giro d'Italia and the Vuelta a ...

cycling race. It awards a toy lion – ''le lion en peluche'' – to each day's winner as a play on its name. Crédit Lyonnais, the predecessor of LCL, first sponsored the Tour in 1981, and has sponsored the yellow jersey since 1987.

Controversy

In 2010, the French government's

Autorité de la concurrence The ; ) is France's national competition regulator. Its predecessor, the Competition Council, was established in the 1950s. The Competition Authority is an , responsible for preventing anti-competitive practices and monitoring the functioning ...

(the department in charge of regulating competition) fined eleven French banks, including LCL S.A., the sum of 384,900,000 euros for colluding to charge unjustified fees on check processing, especially for extra fees charged during the transition from paper check transfer to "Exchanges Check-Image" electronic transfer.

References

External links

LCL (Le Crédit Lyonnais)
Investment banks Primary dealers Companies based in Lyon Privatized companies of France Crédit Agricole subsidiaries French companies established in 2005 {{France-bank-stub

Sponsorship

Controversy

See also

References

External links