Question 1

What is CPH?

Accepted Answer

CPH (Banque CPH) is a Belgian regional cooperative bank headquartered in Tournai, Belgium. Established as 'Crédit Professionnel du Hainaut', it serves individuals and small to medium-sized enterprises (SMEs) primarily in the Walloon region. The bank operates with a focus on local, community-based banking services.

With approximately 30 branches across Hainaut, Namur, and Walloon Brabant, CPH positions itself as an independent local bank. It employs over 200 staff members and serves around 200,000 clients.

Question 2

When was CPH founded?

Accepted Answer

CPH was founded in 1930 in Charleroi, Belgium, under the name Caisse d'Épargne de Charleroi. Originally focused on savings and lending services for residents of the Charleroi region, the institution later became known as Crédit Professionnel du Hainaut before adopting its current abbreviated name, CPH.

Over nearly a century, the bank has evolved from a local savings institution to a full-service regional bank serving a broader geographic area across southern Belgium.

Question 3

Where is CPH headquartered?

Accepted Answer

CPH is headquartered in Tournai, Belgium, at 7 rue Perdue. This location in the Hainaut province reflects the bank's regional roots and commitment to serving the local community.

Question 4

Where does CPH operate?

Accepted Answer

CPH operates primarily in the Walloon region of Belgium, with a strong presence in three provinces: Hainaut, Namur, and Walloon Brabant. The bank maintains approximately 28 to 30 branches throughout these areas.

Major cities served include Tournai, Charleroi, Mons, La Louvière, Namur, Nivelles, and Wavre. The geographic focus allows CPH to maintain its identity as a local, community-oriented banking institution.

Question 5

What services does CPH offer?

Accepted Answer

CPH offers comprehensive banking services including current accounts (standard, internet, and youth accounts), savings accounts (CPH Dépôts, CPH Dépôts Plus, and youth savings), credit cards (Bancontact Visa Debit), and various loan products including mortgages, consumer loans, car loans, energy loans, and renovation loans.

The bank provides business banking services for professionals, self-employed individuals, and SMEs. Digital banking is available through MyCPH, the bank's internet banking platform, along with mobile payment solutions like Payconiq by Bancontact.

Investment services include cooperative shares and portfolio management. CPH also offers insurance products including balance insurance, pension savings insurance, and current account-related insurance.

Question 6

What makes CPH unique?

Accepted Answer

CPH distinguishes itself as a local, independent cooperative bank with deep roots in the Walloon community. Unlike larger national banks, CPH emphasizes personal relationships and proximity to customers through its regional branch network.

A unique feature is the bank's flexibility in allowing customers to choose their interest payment date for savings accounts, rather than mandating the standard December 31st payment date. This customer-centric approach reflects the bank's cooperative philosophy.

The institution's 94-year history and focus on serving local SMEs and individuals in Hainaut, Namur, and Walloon Brabant differentiates it from larger, more impersonal banking institutions.

Question 7

What type of financial institution is CPH?

Accepted Answer

CPH operates as a Credit Institution (CRDCREINS) under Belgian and European banking regulations. It is structured as a cooperative bank, with customers able to become members and participate in the bank's governance.

The bank is supervised by the National Bank of Belgium (BENBB) and participates in the Belgian deposit guarantee scheme (BEDFIPF), protecting deposits up to €100,000 per depositor. As a credit institution, CPH is authorized to accept deposits and provide credit services across Belgium.

CPH

in Belgium 🇧🇪

Crypto-Friendliness

All done!

About CPH in Belgium