 | |
 Former head office building ofBanque de l'Union Parisienne at 6-8, boulevard Haussmann in Paris, now downtown Paris office of Bpifrance | |
Native name | Banque publique d'investissement S.A. (French) |
|---|---|
| Company type | Société anonyme |
| Founded | 2012; 14 years ago (2012) |
| Headquarters | 27/31, avenue du Général Leclerc,, |
Key people | Nicolas Dufourcq (general manager) |
| Revenue | €1.444 billion (2018) |
| €1.019 billion (2018) | |
 €1.566 billion[1] (2022) | |
| Total assets |  €101.7 billion[1] (2022) |
| Total equity | €27.503 billion[1] (2022) |
| Owner |
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Number of employees | 2,289 |
| Subsidiaries | bpifrance investissement bpifrance participations bpifrance régions bpifrance financement bpifrance assurance export |
| Website | www |
Bpifrance also known as theBanque publique d'investissement (lit. '[French] Public Investment Bank') is a Frenchpublic sectorinvestment bank. It is a joint venture of twostate owned enterprises: theCaisse des dépôts et consignations andEPIC Bpifrance Group (formerly EPIC OSEO).
The former subsidiary of EPIC OSEO, OSEOS.A., became a subsidiary of Bpifrance known as Bpifrance Financement.[2]
Bpifrance has been designated as a Significant Institution since the entry into force ofEuropean Banking Supervision in late 2014, and as a consequence is directly supervised by theEuropean Central Bank.[3][4]
Bpifrance was established in 2012 as part of a broader effort by the French government to consolidate public financial support for businesses. It brought together three major state-backed bodies: OSEO, which focused on loans and guarantees for small and medium-sized enterprises; theFonds Stratégique d’Investissement (FSI), created in 2008 to support long-term strategic equity holdings; and CDC Entreprises, the venture capital subsidiary ofthe Caisse des Dépôts et Consignations.[5]
The new institution became operational in 2013, offering a unified structure for loans, guarantees, equity investments, and export financing. In 2015, Bpifrance expanded its mandate to include innovation funding and support for international business development. In 2017, it launched “Bpifrance Export” to streamline export insurance and trade promotion services, previously managed byCoface.[6]
During theCOVID-19 pandemic in 2020, Bpifrance played a central role in the French government’s economic response by providing state-guaranteed loans to businesses affected by the crisis. In the following years, the institution increased its involvement in strategic sectors such as renewable energy, biotechnology, and industrial decarbonization.[7]
In 2024, Bpifrance provided export credit support for a £5 billion loan arranged by a consortium of 13 commercial banks to finance the construction of the Sizewell C nuclear power station in the United Kingdom.[8]
