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RCI Banque

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RCI Banque

RCI Banque SA
Type Société Anonyme
Industry Automotive financing, insurance and related services
Founded 21 August 1974 (1974-08-21)[1]
Headquarters Noisy-le-Grand, France[2]
Area served Worldwide
Key people Dominique Thormann
(Chairman and CEO)
Revenue Decrease €1.22 billion (2013)[3]
Operating income Decrease €736 million (2013)[3]
Profit Decrease €506 million (2013)[3]
Total assets Increase €29.50 billion (end 2013)[3]
Total equity Increase €2.92 billion (end 2013)[3]
Employees 2,830 (2011)
Parent Renault

RCI Banque (French pronunciation: ​), formerly Renault Crédit International, is a France-based international company that specializes on automotive financing, insurance and related activities for the Renault group brands (Renault, Renault Samsung Motors, Dacia) globally and for the Nissan group brands (Nissan, Infiniti, Datsun) in Europe, Russia and South America. RCI Banque is a wholly owned subsidiary of Renault.[2][4][5]


The company was founded by Renault in 1974[2] as the Société Financière de Renault or Sofiren,[6] being intended as a way of financing sales for its dealerships and to manage the automaker's cash flow. On 27 June 1980 it was renamed Renault Crédit International (RCI).[6] In 1990, it merged with Diac[7] (Diffusion Industrielle et Automobile par le Crédit) SA, a company formed in 1924 by Louis Renault[8] as a result of the lack of liquid funds after the 1921 crisis[9] and with similar objectives, but focused exclusively on loans for the purchase of vehicles[10] (today Diac operates as a RCI Banque's wholly owned subsidiary ).[11] By 1990, RCI contributed with more than one-third of Renault group's net income.[12] In November 2001, the company adopted its current name, RCI Banque.[2]


RCI Banque offers automobile financing lines (11.09 billion euros in financing and 1,024,771 vehicles at the end of 2011), insurance (2.5 million active insurance policies at the end of 2011) and related services, including car loans (used and brand-new), rentals with purchasing options, leases, long-term rentals for retail customers and services, such as maintenance, extended warranties, roadside assistance, fleet management, and credit cards.[2][5]

The company also finances new vehicles, used vehicles, and spare parts, as well as short-term cash requirements for the Renault-Nissan Alliance dealerships. It has subsidiaries in Argentina, Brazil, Colombia, Mexico, Algeria, Morocco, Turkey, Russia, Ukraine, South Korea, and the European Union.[2]

RCI Banque is one of the largest issuers of auto loan asset-backed securities in Europe. In 2004, it had, together with the PSA Banque, a 10 percent participation, only behind Volkswagen and Fiat banks.[13]


In February 2012, RCI Banque launched the ZESTO savings accounts, which were opened to a general clientele.This internet-based operation was the first of its type to be performed by an automaker's subsidiary in France.[14] The launch was accompanied by a TV commercial from Romain Kunstlinger.[15] The success of this initiative[16] led to other automotive groups operating in the French market, as PSA Peugeot Citroën, to consider launching similar projects.[17] At the end of 2012, RCI Banque announced plans to extend ZESTO to Germany.[16] The German version of ZESTO was launched in 2013 and was called RCI Bank Direkt. In January 2014, ZESTO-Bank Direkt had over 136,000 customers.[18]


Executive Committee

  • Gianluca De Ficchy (Chief Operating Officer)
  • Philippe Buros (Senior Vice President, Sales Operations and International Projects and Partnerships)
  • Patrice Cabrier (Senior Vice President, Customer Operations)
  • Isabelle Landrot (Senior Vice President, Accounts and Management Control)
  • Bertrand Lange (Senior Vice President, Human Resources)
  • Jean-Marc Saugier (Senior Vice President, Finance and Group Treasurer)
  • Éric Spielrein (Senior Vice President, Corporate Secretary and Risk functions)

Board of Directors

  • Dominique Thormann (Chairman of the Board)
  • Farid Aractingi
  • Philippe Buros
  • Patrice Cabrier
  • Bernard Loire
  • Éric Spielrein
  • Jérôme Stoll
  • Stéphane Stoufflet
  • Philippe Gamba (Honorary Chairman)
  • Gilbert Guez (Honorary Chairman)


RCI Banque's Diac sponsored the Renault Sport-assisted R5s and Clios of the Société Diac team, which competed in some events of the World Rally Championship and the French Rally Championship during the late 1980s and early 1990s.[19]

On 24 March 2010, Diac and Renault F1 signed a sponsorship agreement which lasted from the Australian to the Monaco Grand Prix of that year.[20]


  1. ^ "RCI Banque". Groupe Adverline. Retrieved 1 October 2014. 
  2. ^ a b c d e f "Company Description: RCI Banque SA".  
  3. ^ a b c d e "2013 Consolidated Financial Statements" (PDF). RCI Banque. Retrieved 1 October 2014. 
  4. ^ Bournois, Frank (2007). RH: Les meilleures pratiques du CAC 40/SBF 120 [HR: The best practices from CAC 40/SBF 120] (in French). Editions Eyrolles. p. 689.  
  5. ^ a b "2011 Annual Report" (PDF). RCI Banque. Retrieved 1 October 2012. 
  6. ^ a b "Renault veut implanter sa filiale bancaire en Russie" [Renault will go to establish a financial subsidiary in Russia] (in French). Retrieved 10 April 2013. 
  7. ^ "Profile: RCI Banque SA".  
  8. ^ Pécourt, Nicolas (2010). "Le crédit un moteur de la croissance économique". Un monde sans crédit ?: Réflaxion autour du crédit à la consommation [A world without credit?: Reflections on the consumer credit] (in French). Editions Eyrolles. p. 72.  
  9. ^ Lescure, M. (1995). "Banking in France in the Inter-War Period". In Feinstein, Charles H. Banking, Currency, and Finance in Europe Between the Wars.  
  10. ^ Loubet, Jean-Louis, ed. (1999). L'Industrie automobile: 1905-1971 [The car industry: 1905-1971]. Archives économiques du Crédit Lyonnais (in French) 4. Librairie Droz. p. 173.  
  11. ^ "Directory: DIAC SA". Retrieved 3 October 2012. 
  12. ^ Guermonprez, Damien (2005). "Quel territoire pour les acteurs non bancaires ?" [So what territory for non-bank actors?]. Revue d'économie financière (in French) (AEF) (78): 245.  
  13. ^ Watson, Rick; Carter, Jeremy (2006). Asset Securitisation and Synthetic Structures: Innovations in the European Credit Markets.  
  14. ^ Fardeu, Aurélie (20 February 2012). "Le constructeur Renault lance un livret d'épargne qui tient la route" [The automaker Renault launched a savings account that holds up]. (in French).  
  15. ^ Making of the Livret Zesto TV Commercial
  16. ^ a b "Renault Says RCI Banque Lifts 2012 Targets For New ZESTO Deposit Accounts".  
  17. ^ Gillaume, Gilles (7 March 2012). "PSA pourrait lancer à son tour un livret d'épargne" [PSA could launch a savings account]. (in French).  
  18. ^ "RCI Banque's retail savings accounts exceed €4.3 billion in deposits at end December 2013". Renault. 15 January 2014. Retrieved 1 October 2014. 
  19. ^ Hope-Frost, Henry; Davenport, John, eds. (2004). "The Drivers". The Complete Book of the World Rally Championship.  
  20. ^ "Renault signs deal with DIAC". Retrieved 3 October 2011. 

External links

  • Official RCI Banque Web Site
  • Official Renault Group Web Site
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