To become a Cooperative Shareholder of the Banque Populaire Méditerranée, a cooperative bank with variable capital, you must be a bank customer and subscribe to at least one share.
The Board of Directors decides the maximum level of membership shares held per Cooperative Shareholder. This way, anyone can become a Cooperative Shareholder, without holding significant share capital.
Furthermore, no Cooperative Shareholder holds enough share capital to be able to impose his/her opinion during a General Assembly. The cooperative logic always prevails.
It is the bringing together of votes that enables action. In fact, the logo of the Banques Populaires is composed of the algebraic symbols “+” and “x”: strength through unity.
All transcripts in foreign language are translations which have been accomplished on a commercial purpose for the customer assistance only. They cannot be used be in any case as complaint basis. Only the original transcript edited in French can be used as source in case of complaint.