Bpifrance

Bpifrance
	Former head office building of Banque 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; 12 years ago
Headquarters	27/31, avenue du Général Leclerc, Maisons-Alfort, France
Key people	Nicolas Dufourcq (general manager)
Revenue	€1.444 billion (2018)
Operating income	€1.019 billion (2018)
Net income	€1.566 billion (2022)
Total assets	€101.7 billion (2022)
Total equity	€27.503 billion (2022)
Owner	Caisse des dépôts et consignations (50%); EPIC Bpifrance (50%);
Number of employees	2,289
Subsidiaries	bpifrance investissement ; bpifrance participations; bpifrance régions; bpifrance financement; bpifrance assurance export
Website	www.bpifrance.fr

Bpifrance also known as the Banque publique d'investissement (lit. '[French] Public Investment Bank') is a French public sector investment bank. It is a joint venture of two state owned enterprises: the Caisse des dépôts et consignations and EPIC BPI-Groupe (formerly EPIC OSEO).

The former subsidiary of EPIC OSEO, OSEO S.A., became a subsidiary of Bpifrance known as Bpifrance Financement.^[2]

Bpifrance has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.^[3]^[4]

Subsidiaries and minority interests

Bpifrance Financement S.A. (90%) (ex-OSEO S.A.)
- Bpifrance Régions (99%)
Bpifrance Participations (100%) (ex-Fonds stratégique d'investissement)
- Bpifrance Investissement (100%) (ex-CDC Entreprises)
- Orange S.A. (shared with APE as the largest shareholders (23.04%); the rest publicly floats)^[5]^[6]
- FT1CI (79.2%, the rest owned by another French agency CEA)^[7]
  - STMicroelectronics Holding (50%; joint venture with Italian government)
    - STMicroelectronics (27.6% as the largest shareholders; the rest publicly floats)
- Areva (3.32%)^[8]
Vallourec (7.10% as largest shareholders)^[9]
Stellantis (6.2%)^[10]
Constellium (10%)^[11]

^ ^a ^b ^c "Presentation to Debt Investors". Retrieved 10 May 2023.
^ "2014 Annual Report" (PDF). EPIC BPI-Groupe. Retrieved 20 February 2016.
^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.
^ "2015 Consolidated financial statements" (PDF). Orange S.A. 16 February 2016. Archived from the original (PDF) on 20 July 2020. Retrieved 21 February 2016.
^ "Les participations publiques" (in French). Agence des participations de l'État. 30 April 2015. Retrieved 21 February 2016.
^ "2014 Annual Report". STMicroelectronics. 26 March 2015. Archived from the original on 9 July 2017. Retrieved 20 February 2016.
^ "2014 Reference document" (PDF). Areva. 30 March 2015. Retrieved 21 February 2016.
^ "2014 Registration Document" (PDF). Vallourec. 17 April 2015. Archived from the original (PDF) on 10 April 2020. Retrieved 21 February 2016.
^ "Bpifrance profite des résultats historiques de PSA". Les Echos. 26 March 2019.
^ "Rio Tinto completes divestment of 61 per cent of Alcan Engineered Products".