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Crédit foncier et communal d’Alsace et de Lorraine-Banque

About Crédit foncier et communal d’Alsace et de Lorraine-Banque

Full of history, the career of CFCAL begins on February 8, 1872, the date of creation of the bank in Strasbourg, then German, by decree of Guillaume I and Chancellor Bismarck on the model of Crédit Foncier de France, itself created in 1852 in Paris. From 1899, the law on German mortgage banks established a special status from which the CFCAL benefits, authorizing it to issue mortgage bonds (from the German “Pfandbriefe”).

The guiding principle of CFCAL, since then, has always been the development of its profession of mortgage lender, in particular successfully passing through the particularly difficult periods that Alsace experienced during the 20th century… Continue reading about Crédit foncier et communal d’Alsace et de Lorraine-Banque here.

Website: https://www.cfcal-banque.fr/

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