Credit Foncier de France is a national mortgage bank of France. A subsidiary of the Groupe Caisse d’Epargne, its headquarters are located in Charenton, 100 meters outside the Paris city limits.
History
The Credit Foncier initially made loans to communes. It was formed by Emperor Napoleon III in an attempt to modernize the medieval French banking system and expand French investment outside Europe. The Credit Foncier had a monopoly on mortgages.
In modern banking terminology a “credit foncier” loan is a loan for a fixed period with regular repayments where each repayment includes components of both principal and interest, such that at the end of the period the principal will have been entirely repaid. This is to be contrasted with an “interest only” loan where the repayments are of interest only. (Text Source: Wikipedia, the Free Enyclopedia)
Credit Foncier de France is located in the 1st arrondissement of Paris. So, you may want to see;
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