On December 20, 2007, Groupe Banque Populaire and Groupe Caisse d'Epargne became shareholders of CIFG Holding, Ltd., the holding company for CIFG's financial guaranty subsidiaries.

Groupe Banque Populaire
Created in 1917 by and for entrepreneurs and currently with over 7 million customers and more than 2900 branches, Groupe Banque Populaire is a leading banking network in France. It consists of 20 Banque Populaire banks, 18 of which are autonomous regional banks, operating in all areas of retail banking. Banque Fédérale des Banques Populaires, the central body of the network of Banque Populaire banks, is also one of the major shareholders of Natixis, a prominent player in corporate and investment banking. At the end of 2006, the Group’s regulatory capital was over €20 billion and total assets stood at €305 billion.

Groupe Caisse d’Epargne
Groupe Caisse d'Epargne, one of the largest retail banking institutions in France with its network of regional savings banks, the Crédit Foncier network, Banque Palatine, Océor,and its specialized subsidiaries, is also a front-ranking full-service, universal bank.

Boasting shareholders' equity of €20bn, Groupe Caisse d'Epargne enjoys a robust financial profile based on strong growth dynamics and a particulary rigorous risk management policy. These retail activities are largely pursued by the 21 cooperative Caisses d'Epargne (owned by 3.3 million cooperative shareholders). With a total of 27 million customers in France, almost one out of every two French people banks with the Caisse d'Epargne.