What is "crelan"

Crelan (formerly Landbouwkrediet or Crédit Agricole) is a Belgian bank with roots in agriculture. It is part of Crelan Group, which is for 50% owned by the Crédit Agricole Group, one of Europe’s largest groups (own funds of €64.8 billion and net result of €6 billion.

Its retail banking and commercial enterprises have grown to almost equal its agricultural interests. In 2006, the bank reported a growth rate of 49% according to International Financial Reporting Standards (IFRS) with a net result of €52 million. In recent years it acquired Europabank and Keytrade Bank. Landbouwkrediet was officially recognized as a bank insurance company in 2007, further strengthening its market position. It now has 1,700 employees, 280 branches, and 430,000 customers.

The bank have been sponsoring a professional cycling team, , since 2001.