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N100:ACA, Feb 27, 11:03 UTC

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Monday, December 23


News

CREDIT AGRICOLE SA: Crédit Agricole S.A and Santander announce the closing of the strategic combination of CACEIS and Santander Securities Services and the creation of a major global player

ACA SAN

Pursuant to the agreements, 100% of S3 Spain and 49.99% of S3’s operations in Latin America (Brazil, Mexico and Colombia) have been contributed to CACEIS. As a result, Crédit Agricole S.A. and Santander hold 69.5% and 30.5% of CACEIS, respectively. They will gain competitive positioning and benefits from enhanced geographical presence, the full coverage of the asset servicing value chain and an expanded offering to support both existing and new clients in their projects and their development. Jean-François Abadie has been confirmed as Chief Executive Officer of CACEIS while Carlos Rodriguez de Robles, current General Manager of S3, will be leading the Spanish and Latin American activities, reporting to Jean-François Abadie. Leveraging our strong industrial partnership model, and developing the business sustainably, we are creating a major player in custody and asset servicing that will benefit from enhanced growth prospects.”.

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Tuesday, December 17


News

Value Isn’t Great Value::Axa, The France, (Euronext FR:CS.FP) - News Soloution

ACA CS +1 more ACA CS AI

The last day ratio of the business at $24.78 with the difference of $0.18, 0.73%, Gain (↑). 01-Month change: $-0.275 with the percentage of : -1.09%. A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result.

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Thursday, December 05


News

CREDIT AGRICOLE SA: Crédit Agricole S.A. opens the Panda market for European GSIB banks with a 3 year CNY 1 billion benchmark bond.

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Following the approval granted by People’s Bank of China of its Panda Bond Issuance Programme, Crédit Agricole S.A. successfully issued on 5 December 2019 a CNY 1 billion (equivalent to € 127 million) senior preferred bond with a 3 year tenor and a 3.4% fixed rate. Crédit Agricole S.A.’s Panda Bond Issuance Programme has been set with a programme cap of up to CNY5bn, which can be issued partially or in totality within the next two years. The proceeds of this first Panda Bond issuance will be used to finance its wholly-owned banking subsidiary, Crédit Agricole CIB (China) Ltd., which has been growing its footprint in China to serve its international client base via financing and capital market transactions. The issuer, Crédit Agricole S.A., as the Central Body and as a Member of the Crédit Agricole Network, and its Panda Bonds have obtained a domestic rating of AAA from China Chengxin International Credit Rating.

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Wednesday, December 04


News

Four bidders line up for Credit Agricole’s Romanian subsidiary

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Want to be up to speed with what's happening in Romania? Submitted by romaniainsider on Wed, 12/04/2019 - 08:23. Four financial institutions have notified Romania’s National Bank (BNR) that they want to buy the local subsidiary of French group Credit Agricole, which was put up for sale by the parent group along with the Serbian subsidiary. However, one of the four - US investment fund JC Flowers - is no longer interested in this transaction according to Economica.net. Credit Agricole Romania was the 23rd largest local bank with assets of RON 1.9 billion (about EUR 400 million), and a market share of 0.42%, at the end of 2018.

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Thursday, November 28


News

Final bids for Credit Agricole’s RO branch expected by mid-Dec

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Want to be up to speed with what's happening in Romania? Submitted by romaniainsider on Thu, 11/28/2019 - 08:35. Greek group Alpha Bank and Vista Bank, also owned by Greek investors, have remained in the race for Crédit Agricole’s Romanian branch, after the US investment fund JC Flowers (which recently acquired Piraeus Bank and Leumi Bank), announced it was no longer interested in this acquisition. Crédit Agricole Romania has assets worth RON 1.9 billion (EUR 400 million) and a 0.42% market share, ranking 23rd in the local banks’ ranking.

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Saturday, November 23


News

Global Remittance Market Insights Report 2019-2025 Western Union, Credit Agricole, Group BPCE, Sparkassen-Finanzgruppe – E-Industry News

ACA

Apart from this, the report initiates the competitive edge of the Remittance market among the suppliers and company profile. Even more, the research document includes Remittance market price review and supply chain attributes. The report also includes a complete data about the chief Remittance market segmentation {Bank Money Transfer Services, Money Transfer App, Others}; {Personal Remittances, Business Remittances, Public Services}. Top Manufacturers Analysis Of the global Remittance Market includes Western Union, Credit Agricole, Group BPCE, Sparkassen-Finanzgruppe, Sumitomo Mitsui Financial Group, HSBC, Mizuho, United Credit, Wells Fargo, Industrial and Commercial Bank of China, Barclays, Banco Santander, Bank of China, Societe Generale, Bank of America, Mitsubishi UFJ Financial, Lloyds Bank, UBS, Citigroup, The Royal bank of Scotland, JPMorgan Chase, BNP Paribas, Deutsche Bank, China Construction Bank, ING, Agricultural Bank of China, China Development Bank. The report even sheds light on the prime Remittance market events including market leaders, modern trends, technological innovations and growth opportunities in the global Remittance market that aids industry experts and investors in making crucial business judgments.

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Tuesday, November 12


News

A Look At Some Cash Alternatives For Your Portfolios::Credit Agricole, The France, (Euronext FR:ACA.FP) – News Soloution

ACA

The last day ratio of the business at $12.28 with the difference of $0.135, 1.1%, Gain (↑). 05-Days change: $425 with the percentage of : 3.54%. A stochastic oscillator is a momentum indicator comparing a particular closing price of a security to a range of its prices over a certain period of time. The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result.

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Friday, November 08


News

Credit Agricole third-quarter profit rises as its investment bank shines

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Credit Agricole third-quarter profit rises as its investment bank shines. PARIS (Reuters) - France's Credit Agricole reported a 8.9% rise in quarterly net income on Friday, with its investment bank posting its highest third-quarter revenue since 2016. Credit Agricole, which is the last of France's biggest banks to publish results, outperformed its peers - Societe Generale <SOGN.PA> and Natixis <CNAT.PA> - in revenue growth at its investment bank. France's second-largest listed bank said that underlying revenue from capital markets and investment banking increased sharply, up by 21.6% and driven by "strong commercial activity across almost all product lines," as well as an upturn in advisory transactions. Net profit rose to 1.20 billion euros ($1.33 billion), broadly in line with expectations for 1.14 billion euros, according to a Reuters survey of four analysts.

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Credit Agricole 3Q Net Profit Rose Above Expectations

ACA

Credit Agricole SA's (ACA.FR) third-quarter net profit rose 8.9% on growing revenue, surpassing analysts' expectations. Net profit for the period was 1.20 billion euros ($1.33 billion) compared with EUR1.10 billion a year earlier, France's second largest listed bank by assets said Friday. Analysts had expected a net profit of EUR1.14 billion on revenue of EUR5.02 billion, according to a consensus forecast provided by FactSet. Credit Agricole's core Tier 1 ratio, a key measure of capital strength, edged up to 11.7% in September from 11.6% in June.

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Credit Agricole shares fall as French retail banking disappoints

ACA

Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. PARIS (Reuters) - Shares in France's Credit Agricole fell sharply on Friday as investors focused on softer income from its French retail bank rather than its brisk investment banking business. The lender's net interest income, which broadly reflects the difference between revenue from interest charged on a loan and the cost of holding a deposit, fell 1% in the third quarter. "Net interest income is a miss and shows quite some margin pressure while loan growth continues to be double the BNP/SocGen run-rate," analysts at Deutsche bank said in a note. SocGen and BNP Paribas grew French retail loans by 5.7% and 5.9% respectively.

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