Auchan Holding and BPCE: exclusive negotiation for a long-term partnership with Oney Bankthe 18/02/19
Beginning of 2019 and after several months of analysis, BPCE and Auchan Holding entered into exclusive negotiations to build a long-term partnership through the acquirement of 50,1 % share in Oney Bank. This project would allow Oney Bank to build a partnership based on strong strategic alignment, powerful complementarity and a long-term vision.
As announced in the recent months, Oney Bank has been conducting discussions that could lead to the signature of a partnership including an opening-up of our capital. The objective is to give Oney Bank the appropriate means to:
- ensure sustainable and autonomous development
- strengthen its offer to better serve our partners and customers
- accelerate the achievement of the corporate project
Who is BPCE?
Through its two major cooperative networks, Banque Populaire and Caisse d’Epargne, and its subsidiaries (Natixis, Crédit Foncier, Banque Palatine,etc.), BPCE offers individuals, companies, institutions and local authorities a complete range of products and services: banking services, saving sand investment solutions, treasury, financing and insurance.
Key figures of BPCE
- 2nd largest banking group in France
- 4st largest banking group in the Euro Zone
- 106,000 employees
- 30 million customers, including 9 million members
The partnership project
The partnership project that could be established with BPCE is based on the implementation of a balanced governance and presents many assets aiming at strengthening our service offer towards our partners and their customers. If you wan to know more, go on oney.com.
As part of the company’s Corporate Social Responsibility activities, Oney Insurance CSR Committee organised a Blood Donation Initiative for its employees. Oney Insurance strives to encourage employees to donate blood fully conscious about the lifesaving power that blood donations have for people who need transfusions. A number of donors that participated in this initiative donate … Continue reading “Oney Insurance organises Blood Donation Initiative”
During the World Food Day, the CSR Community embarked on a mission to collect as much food items as possible for Foodbank Lifeline Foundation, managing to collect more than 300kg of varied food items from employees, family, and friends. Such donations will allow Foodbank to keep up with their ambition of not having a single child or adult to ever experience … Continue reading “Oney Insurance collect more than 300kg of food in aid of the Foodbank Lifeline Foundation”
Fun times at Oney! This month, 22 employees tested their skills against self-proclaimed table soccer champions and battled to take the title of Oney Table Soccer Champions! To keep up a high level of concentration, and to remain calm under pressure was quite a challenge…booing, clapping, shouting and proper refereeing too. It did not matter … Continue reading “Table soccer aims to be taken seriously at Oney Insurance”
The first National Woman’s Day was celebrated on February 28, 1909, by the Socialist Party of America. A year later, Clara Zetkin a German fighter for women’s rights, proposed the idea of an International Women’s Day. On the third consecutive year, March 19, 1911, the first International Women’s Day was held; more than one million … Continue reading “WOMEN’S DAY – beyond flowers & gifts”
During the transition from teleworking to going back to the office, Oney’s Social Club ended another busy week, with a Wine-Tasting event earlier this month. Before the event, employees were delivered four bottles of wine, complemented with some traditional Maltese nibbles at their home. During the online sampling session, a wine expert spoke about wine-related … Continue reading “Turning COVID-related habits, into education!”
Oney Insurance, a subsidiary of Oney Group, has been officially certified by Origo with a 100% electricity consumption produced from renewable energy. Since 1 January 2021, Oney has been working with Origo, a French pioneering-company and a recognised agent authorised to negotiate, purchase and provide guarantees of origin on the European energy market on behalf … Continue reading “Renewable Energy; a pragmatic way forward!”