Midt Factoring is part of Groupe BPCE as a 100% owned subsidiary of BPCE Factor, France.
Groupe BPCE is the second-largest banking group in France with 36 million customers divided in two networks, Banque Populaire and Caisse d’Epargne.
With approximately 100,000 employees worldwide, Groupe BPCE specializes in three main business lines: Retail Banking & Insurance, Asset & Wealth Management and Corporate & Investment Banking.
Groupe BPCE has a solid financial base with total Tier 1 capital of €69.1 billion, a Tier 1 ratio of 16.0% and quality long-term ratings (Standard & Poor’s: A+; Moody’s: A1; Fitch Rating: A+; and R&I: A+). (Figures as of 2020/31/12 and ratings as of February 2021).