BPCE_REGISTRATION_DOCUMENT_2017

FINANCIAL REPORT IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2017

Ownership interest

Consolidation method (2)

Company

Business

Location (1)

BPCEsubsidiaries

3F HOLDING

Holding company

DE

98%

FC

IT systemsand software consulting

ALBIANT IT

FR FR FR FR FR

100% 100%

FC FC FC FC FC

BP COVERED BONDS

Funding

BPCEACHATS

Servicescompany

97%

BPCE IMMOBILIER EXPLOITATION BPCE INFOGÉRANCE &TECHNOLOGIES

Real estate investment

100% 100%

IT Services

BPCEMASTER HOME LOANS FCT/BPCE CONSUMER LOANS FCT BPCEMASTER HOME LOANS DEMUT/BPCE CONSUMERLOANS DEMUT

French securitization fund (FCT)

FR

100%

FC

French securitization fund (FCT)

FR FR FR FR FR FR DE DE FR FR FR FR FR FR FR FR FR FR FR

100% 100%

FC FC FC FC FC FC FC FC FC FC FC FC FC FC FC EQ EQ FC JO FC FC FC FC FC FC FC FC FC FC FC FC FC FC EQ

BPCESFH

Funding

BPCESERVICES FINANCIERS (formerly CSF-GCE)

Servicescompany BPCEGuarantee and Solidarityfund Servicescompany

98%

DELESSERT FCP 2DECREGPT

100%

DOCONE

51%

ESNI

Securitization company

100%

FIDORBANK AG

Online bank

97% 97%

FIDORSOLUTION AG

Digital technology R&D

GCE CAPITAL

Privateequity

100% 100% 100%

GCE PARTICIPATIONS GIE ECUREUIL CREDIT

Holding company Servicescompany

5

NATIXIS GROUP (3)

71%

MIFCOS NEFER

Real estate investment

100%

Holding company Servicescompany

51%

SOCIÉTÉ D’EXPLOITATIONMAB (SEMAB)

100%

SOCRAM BANQUE

Bank

33%

Holassure Group CNP ASSURANCES (GROUP)

Insurance

16%

HOLASSURE SOPASSURE

Holding company Holding company

100%

50%

BPCE International group

Equipmentand real estate leasing

ARAB INTERNATIONAL LEASE

TN NC

57% 97% 97%

BANQUE DENOUVELLE-CALÉDONIE

Bank Bank Bank Bank Bank Bank Bank Bank

BANQUE DETAHITI

FP

BANQUE DESMASCAREIGNES

MU MG TN CG CM MG FR VN MA MA TN

100%

BANQUE MALGACHE DE L’OCÉAN INDIEN

71% 60%

BANQUE TUNISO KOWEITIENNE

BCI BQ COMMERCIALE INTERNATIONALE

100%

BICEC

68% 73%

BM MADAGASCAR BPCE INTERNATIONAL

Specialized credit institution Specialized credit institution Real estate development Real estate development

100% 100% 100% 100%

BPCE InternationalHo Chi MinhCity Vietnambranch

BPCEMAROC

BPCEMAROC IMMOBILIER

EL ISTIFA

Debt collection

60% 21%

FRANSABANK

Bank

FR

Financial investment advisoryservices

INGEPAR MEDAI SA

FR TN

100%

FC FC

Real estate development

67%

335

Registration document 2017