At the end of the Extraordinary Shareholders' Meetings held on November 22 in Nice and Marseilles, Banque Populaire Côte d'Azur, Banque Populaire Provençale and Corsica and Banque Chaix merged to create Banque Populaire Mediterranée.
Christophe Bosson appointed Managing Director of the Bank
"This merger will allow Banque Populaire Méditerranée to reach the critical size necessary to be in a position to address the requirements of the banking business, increased regulatory and consumer pressures, major solvency, liquidity, exacerbated competitive conditions, new commercial habits linked in particular to the massive digitization of these. "
The Banque Populaire Méditerranée is also based in Monaco, rue Grimaldi and boulevard des Moulins. The new Banque Populaire Méditerranée has a network of 244 branches in 9 departments and 2,380 employees.