Its main sponsor was financier Octave Homberg through his Société Financière Française et Coloniale (SFFC), with support from the Banque de l'Indochine and the Brussels-based Crédit Foncier d'Extrême-Orient.
It was the first mortgage bank established in French Indochina, and became the preferred intermediary of the Banque de l'Indochine for construction and real estate in the territory.
[1] In 1928, the CFI participated in the creation of the Crédit Foncier de l'Ouest Africain (CFOA) which was also initially led by Roume.
In late 1929, it completed a major building at 89 boulevard Francis-Garnier (later Phố Đinh Tiên Hoàng) in Hanoi, which hosted retail outlets as well as its own offices and those of the SFFC.
[3] In 1973, it absorbed the CFOA and another affiliate, the Saigon and African General Real Estate Company (COGISA).
In 1994, French property company Unibail acquired majority control of CFI from Suez and integrated it into its operations.