Monaco, 15^th December 2022 - The renewal of the partnership with the Oceanographic Institute of Monaco demonstrates CFM Indosuez Wealth Management's desire to strengthen its commitment to protecting the oceans.

Within the framework of this partnership, the Oceanographic Institute will continue to provide CFM Indosuez with its expertise in terms of blue economy and blue finance, in connection with the major challenges facing the oceans. The bank's clients will benefit from dedicated conferences and private visits to the Oceanographic Museum, and its employees will be able to take part in the projects carried out by the Oceanographic Institute as part of solidarity days.

A forerunner in Monaco in 2002 with the first Monegasque fund dedicated to sustainable development, CFM Indosuez has strengthened its blue finance offer with two solidarity-based structured products in 2021 and 2022, called “CFM Indosuez Oceano”. These products, structured by Crédit Agricole CIB, include a solidarity component in the form of a donation made by clients, with a participation from CFM Indosuez and Crédit Agricole CIB. Thus, EUR 171,000 in 2021 and EUR 186,000 in 2022 were raised and donated to the Oceanographic Institute in support of its Mission Polaire programme and its actions to preserve the oceans and marine ecosystems.

"The support provided by CFM Indosuez to the Oceanographic Institute is one of the pillars of our commitment to the protection of the Ocean, alongside the blue finance that we are actively developing. Together with all our employees, who are involved in the Oceanographic Institute's projects via Citizen Days, we are very happy to continue our partnership with this major player in environmental mediation, whose values and attachment to the Principality we share," says Mathieu Ferragut, CEO of CFM Indosuez.

"The Oceanographic Institute and CFM Indosuez share a common ambition, that of a more sustainable future for the planet and the Ocean. We are delighted to continue this privileged partnership, for its valuable financial contribution and the operational commitment of its employees to our projects. The support of CFM Indosuez is essential for deploying ever stronger collective action and mobilisation", explains Robert Calcagno, its CEO.

Press contacts
 

Magali Jacquet-Lagrèze, mjacquet@cfm-indosuez.mc
Alexandra Bardy, a.bardy@oceano.org

About CFM Indosuez Wealth Management in Monaco

The Indosuez Wealth Management network is represented in Monaco by CFM Indosuez Wealth Management, the principality’s leading Bank. The Bank’s roots in Monaco date back to 1922, when it was created by prominent Monegasque families, some of whom still hold nearly 30% of the Bank's share capital.
The Bank now has five branches in the principality and Monaco’s biggest trading floor. Its teams, comprising nearly 400 highly specialised employees, combine their knowledge of the principality’s international environment with the vast expertise and opportunities provided by the global network of Indosuez Wealth Management and Crédit Agricole Group.
In addition to Wealth Management, the bank’s primary activity, CFM Indosuez Wealth Management serves private investors, institutional investors, businesses and professionals.
In 2022, CFM Indosuez Wealth Management is celebrating its 100th anniversary and was named Best Bank in the Principality by Global Finance magazine for the sixth consecutive year. CFM Indosuez is also the leading commercial bank in Monaco.

About the Oceanographic Institute of Monaco

The Oceanographic Institute, Albert I, Prince of Monaco Foundation was founded in 1906 by Prince Albert I, a passionate and visionary sailor. Recognised as a public utility, the Foundation has been working for over a century in favour of the Ocean. In order to make it known, loved and protected, it brings together political, scientific, economic and associative players and the general public. Thanks to the support of its two establishments, the Oceanographic Museum in Monaco and the Maison de l'Océan in Paris, the Oceanographic Institute is responsible for numerous projects on the national and international scene (symposiums, exhibitions, educational programmes, etc.) aimed at promoting sustainable management of the Ocean.