The La Banque Postale Group Through the Years
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2006
La Banque Postale created as the vehicle for La Poste’s savings, deposit and lending businesses (Livret A, postal checking accounts)
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2009
Consumer finance business created in partnership with Société Générale
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2010
Creation of a property & casualty insurance business in partnership with Groupama
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2011
Launch of the corporate lending business
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2012
Launch of the local authority lending business
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2013
Acquisition of BPE
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2015
Asset management partnerships set up with Aegon AM and Malakoff-Médéric
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2017
Acquisition of KissKissBankBank
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2019
- La Banque Postale becomes sole shareholder of LBP Consumer Finance
- Ma French Bank launched
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2020
- La Banque Postale becomes majority shareholder of CNP Assurances
- La Banque Postale becomes sole shareholder of LBP Assurances IARD
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2022
- La Banque Postale becomes a mission-led company
- Operational launch of the Corporate and Investment Bank (CIB)
- LBP becomes sole shareholder of CNP Assurances
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2023
- Creation of CNP Assurances Holding, which comprises CNP Assurances SA and La Banque Postale's four insurance subsidiaries (IARD, Santé, Prévoyance and Conseil)
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2024/2025
Launch of the transformation plan and strategic refocusing with the closure of Ma French Bank and the sale of KissKissBankBank
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2025
Partnership between CNP Assurances and La Mutuelle Générale to create CNP Assurances Protection Sociale, a major player in the field of social protection
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2026
La Banque Postale celebrated its 20th anniversary. Twenty years of community commitment and transformation, serving its customers and local communities.
2026 : 20 years on and still one step ahead
In 2026, La Banque Postale celebrated its 20th anniversary. Over the course of the past two decades, it has built a unique model that combines performance with commitment to people, serving its customers and local communities. The 20-year milestone reflects its long-held conviction: a bank that’s always ahead of the curve.
La Banque Postale was created on 31 December 2005, via the legal transformation of Efiposte, an investment company established in 2000 to manage outstanding deposits held by La Poste, which also wanted to establish a banking subsidiary able to carry all customer deposits and loans on its balance sheet. Pursuant to Article 16 of aforementioned law No 2005-516 of 20 May 2005, and to the decree for its enactment dated 30 August 2005, La Poste, which at the time had the legal form of an industrial and commercial public company (EPIC), transferred all the assets, rights and obligations relating to its financial services business to La Banque Postale, with effect from 31 December 2005. Investments in subsidiaries and affiliates were included in the transfer, with the exception of those that were required by La Poste for its directly managed businesses.
The “postal” law of 1990 as revised in 2010 entrusted La Poste with four public service missions, including the accessible banking mission fulfilled by its subsidiary, La Banque Postale. In application of Article L. 518-25-1 of the French Monetary and Financial Code, this mission is framed and described by two agreements signed with the State: the State/La Poste service agreement (2018-2022) and the State/LBP agreement (2015-2020).
In this respect, La Banque Postale:
- is required to open a Livret A passbook savings account free of charge for anyone who requests one, in accordance with the universal access principle;
- authorises the use of Livret A accounts to receive payment of social welfare benefits and civil service pensions and to pay taxes, water, gas, and electricity bills, and subsidised housing rents by direct debit;
- authorises withdrawals and deposits from and to the Livret A starting at €1.50.