BRED Banque Populaire, a cooperative bank with shareholders’ equity of €2.9 billlion and 140,000 cooperative shareholders at the end of 2014, is the largest commercial bank within the BPCE group. It employs 5,000 people, of whom 20% abroad and in the French overseas collectivities. Its core business is commercial banking in France (Paris region, Aisne, Normandy and the French overseas departments – La Rèunion, Mayotte, Martinnique, Guadeloupe and Guyana) and in French overseas collectivities, and at international level where it pursues a strategy of targeted growth in the Horn of Africa (Djibouti), the Pacific region (New Caledonia, Vanuatu and the Fiji Islands) and Asia (Laos and Cambodia).
BRED IT (Thailand) Ltd. is a wholly owned subsidiary of the French bank BRED Banque Populaire based out of Paris (BPCE Group).
BRED IT was established in 2008 with the objective to become the IT hub for BRED Group Commercial Banks in South East Asia, Pacific Ocean, and the Horn of Africa areas.
In parallel, BRED IT has expanded its activities since 2011 to also provide remote IT services to Paris Headquarters.
Today, with more than 200 employees, BRED IT fully supports Banque Franco Lao in Laos, BRED Bank Cambodia, BRED Bank Vanuatu, BRED Bank Solomon Islands, BRED Bank Fiji and Banque pour le commerce et l’industrie Mer Rouge (BCIMR) in Djibouti:
BRED IT hosts and manages all layers of BRED International Banks Information Systems: From Infrastructures to Applications (Core Banking, Internet/Mobile Banking, E-Payments and etc.), on a 24x7 basis. Half of the activity is currently performed for BRED Headquarters, with a focus on Projects (built with Java, COBOL, PHP, DataStage) and Production/Devops.
We are a unique company, thanks to our identity and our history: We place our expertise at the service of BRED Group and develop our activities with an entrepreneurial structure. By putting BRED group best interests first, it allows us to deliver tailor-made solutions with high value-added.