Saturday, October 22, 2011

Centenary Credit Agricola

Stamps (Inland and Europe)
First Day Cover
 2011 is of special importance to the Crédito Agrícola Group that celebrates 100 years of activity. 
Crédito Agrícola – one of the few private financial institutions with exclusively national capital – is proud of having given, throughout its history, a unique contribution to the economic and social development of many regions of the country, generating benefits to the communities where its branch offices are located and to its associate members and clients, gaining prominence on the Portuguese Mainland and on the Autonomous Region of the Azores through an identity that one hundred years later grants it an unparallel institutional and civic dimension. 
Created in 1911 by the Decree-law that regulated the foundation and activity of agricultural savings banks, Crédito Agrícola is an institution that has become deeply rooted in the Portuguese society; today it has a network of approximately 700 branch offices, 5,000 employees, more than 400,000 associate members and 1,2 million clients. 
Agricultural Savings Banks form the basis of the Crédito Agrícola Group, they boost local economies in the regions where they are located and are a guarantee of the close relationship between the Group and its Clients. Locally raised resources are, as a rule, invested in socio-economic benefits for that region. 
At the passage of its centenary, the CA Group stands out not only as a financial institution but also because its universal offer of highly competitive products and services. The specialized companies within the Group enable it to address the needs of an increasingly demanding Client universe. That is why the CA Group assumes the leading role in Portugal as a Relationship or Proximity Bank, at a time when the rebirth of that paradigm makes all the difference. 
Far from seeking only the profit, Crédito Agrícola presents itself as a top of the range Financial Group, not only because of its solidity, but also of how it exercises citizenship, by sharing every year a considerable part of its revenues with other institutions for the development of culture, sports and other socially relevant activities. 
True to its very own policy as regards social responsibility and the commitment to a sustainable future, Crédito Agrícola has in its associate Savings Banks and in its specialized companies the strength of a financial Group that Portugal acknowledges. 
To celebrate its Centenary, Crédito Agrícola has organized a number of initiatives that include, beyond a commemorative stamp and a series of Conferences, an Honour Committed presided by His Excellency the President of the Republic, Professor Aníbal Cavaco Silva. 
This is the manner in which Crédito Agrícola wishes to celebrate this important date, together with its Associate Members, its Clients and its Staff, a celebration that is extended to all the Portuguese of course; 100 years of activity, during which it has walked together with many projects and ambitions, from one generation to the next, in towns and cities, up to this day. 

Technical Details
Date of Issue: 25 March 2011
Values: stamps of N20g (€0,32) and E20g (€0,80)
Designer: João Machado
Printer: Joh. Enschedé
Process: 4-colour offset lithography
Size: stamps 40.0 mm x 30.6 mm
Perforation: Cross of Christ 13 x 13
Paper: White TR CPST331 110g/m2
Sheet: sheets of 50 stamps

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