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PSA Banque France becomes Banque Stellantis France, PSA Finance France becomes Stellantis Finance & Services
Following the restructuring of Stellantis’s European financial and services business, Banque Stellantis France consolidates all financing and services activities towards customers and distribution networks for all the Stellantis brands in France (excluding long-term leases for professionals and companies).
Stellantis Finance & Services becomes the new commercial name of CREDIPAR, replacing former PSA Finance France.
Stellantis N.V. today announced a new organisation for its financing and leasing services in Europe, simplifying and strengthening its multi-brand strategy.
Following agreements entered into with BNP Paribas Personal Finance, Crédit Agricole Consumer Finance and Santander Consumer Finance, financing granted to customers and distribution networks for all Stellantis brands1 in France is consolidated within the Banque Stellantis France Group, with the exception of long-term leases to professionals and companies, which come under the multi-brand operational leasing company Leasys.
Banque Stellantis France (formerly PSA Banque France) remains owned on a 50/50 basis by Stellantis Financial Services (formerly Banque PSA Finance) and Santander Consumer Finance.
Stellantis Finance & Services (formerly PSA Finance France) becomes the new commercial name of CREDIPAR, the wholly owned subsidiary of Banque Stellantis France, in charge of loan and leasing activities for BtoC customers in France, loan and finance lease for BtoB customers, and stock financing for dealer networks distributing the Stellantis brands in France. The new organisation has been approved by the relevant competition authorities as well as French and European banking regulators.
1 Stellantis brands currently distributed in France: Abarth, Alfa Romeo, Citroën, DS, Fiat, Fiat Professional, Jeep®, Maserati, Opel, Peugeot.