|Bid||8.510 x 50000|
|Ask||0.000 x 226200|
|Day's Range||11.405 - 11.535|
|52 Week Range||11.105 - 15.094|
|PE Ratio (TTM)||10.12|
|Earnings Date||Aug 3, 2018|
|Forward Dividend & Yield||0.63 (5.47%)|
|1y Target Est||15.43|
Cerberus Capital Management LP made a joint offer with Banca Ifis SpA to buy most of the 6 billion euros ($7 billion) of Italian bad loans being sold by Credit Agricole SA, according to people with knowledge of the matter. The pair submitted a bid for a package nominally valued at 4.3 billion euros, said the people, who asked not to be identified as the transaction isn’t public. The offer was mainly for the unsecured portion of the Project Poppy portfolio, which also included secured and consumer debt as well as loans to small- and medium-sized enterprises, the people said.
Meeting on Wednesday, 11 July under the chairmanship of Philippe Brassac, the Board of Directors of Crédit Agricole CIB, the Corporate and Investment Bank of Crédit Agricole Group, accepted Jean-Yves Hocher`s request to retire at the end of the year. Crédit Agricole CIB`s Board of Directors appointed Jacques Ripoll as his successor.
Dariusz Kowalczyk, senior economist and strategist at Credit Agricole CIB, talks about the trade spat between the U.S. and China and the implications for the world's second-largest economy. He also discusses ...
Moody's Investors Service today affirmed the ba1 standalone baseline credit assessment (BCA) and baa3 adjusted BCA of FCA Bank S.p.A., together with the Baa1 senior unsecured and issuer ratings of the bank, its Irish branch and funding vehicles.
Moody's Investors Service today changed the outlook to positive from stable on the A1 long-term deposit and senior unsecured debt ratings of the rated entities of Groupe Credit Agricole (GCA; the group), ...
French bank Credit Agricole (CAGR.PA) is considering a sale of its Polish business, the country's 13th biggest bank by assets, as it lacks the scale needed to compete with larger players in a low interest rate environment, two sources said. Credit Agricole's assets amount to 33 billion zlotys (6.62 billion pounds), including assets of group's leasing firm, which means it is nine times smaller than Poland's biggest lender PKO BP (PKO.WA). "The Polish unit of Credit Agricole is up for sale," a senior banking source said.
Despite a 5.8 percent advance since March for Intercontinental Exchange Inc.’s U.S. Dollar Index, long-term outlooks are trending downward once again, indicating many strategists aren’t buying the greenback’s recent rally. In fact, forecasts compiled by Bloomberg suggest the U.S. currency is set to decline by 11 percent through the end of 2019. “The big thing driving dollar strength is concerns about protectionism and trade strength,” said Daniel Katzive, head of foreign-exchange strategy for North America at BNP Paribas.
Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. Over the past 10 years, CaisseRead More...
Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. Economic growth impacts the stability of salaries and interestRead More...
Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. As a small-cap bank with a market capitalisation ofRead More...
Moody's Investors Service today assigned to FCA Bank S.p.A (FCA Bank) and FCA Bank S.p.A., Irish Branch (FCA Irish Branch), local- and foreign-currency long-term Counterparty Risk Ratings (CRRs) of A3, placed on review for downgrade, and short-term CRRs of Prime-2.
PARIS (Reuters) - French bank Credit Agricole (CAGR.PA) is considering making an offer for Societe Generale's (SOGN.PA) Polish arm Eurobank, Bloomberg News reported, citing sources close to the matter. ...
France's financial stability council on Monday took the unprecedented step of requiring banks to keep extra capital set aside for risks related to a private sector borrowing binge. The council, headed by the finance minister, imposed a so-called counter-cyclical buffer of 0.25 percent on banks' risk-weighted assets in France on a recommendation from the central bank.
France's financial stability council on Monday took the unprecedented step of requiring banks to keep extra capital set aside for risks related to a private sector borrowing binge. The council, headed by the finance minister, imposed a so-called counter-cyclical buffer of 0.25 percent on banks' risk-weighted assets in France on a recommendation from the central bank. All French banks already have sufficient capital on hand to meet the limit, a source close to the council said.
Improving credit quality as a result of post-GFC recovery has led to a strong environment for growth in the banking sector. Caisse Régionale De Crédit Agricole Mutuel D’ille-Et-Vilaine (ENXTPA:CIV) isRead More...
David Forrester, currency strategist at Credit Agricole’s corporate and investment-banking unit in Hong Kong, talks about central bank policies of the U.S. and Europe, and the implications for currencies. ...
The banking sector has been experiencing growth as a result of improving credit quality from post-GFC recovery. As a small-cap bank with a market capitalisation of €890.05M, Caisse Régionale deRead More...
Press Release Massy, 28 May 2018. Crédit Agricole Consumer Finance a nd Bankia: Agreement to set a joint-venture in consumer finance in Spain Following the exclusive negotiations started on 7 March 2018, ...
The removal of the loyalty dividend was approved by the Special Meeting of eligible shareholders of 4 April 2018 and subsequently by non-eligible shareholders at the Extraordinary Annual General Meeting of 16 May 2018. As a reminder, the loyalty dividend was applicable to registered shares eligible for a dividend held for more than two calendar years on the year-end closure date and still held on the date of the dividend payment. To compensate for this, from 24 May 2018 eligible shareholders will receive one new ordinary share for 26 eligible registered shares held for more than two years on 31 December 2017 and still held on the dividend payment date for financial year 2017.
Montrouge, 22 May 2018 Information The Administrative Court of Appeal of Versailles has just released its verdict in Crédit Agricole`s case against the tax authorities which, in 2012 has contested the ...
Let’s talk about the popular Crédit Agricole SA. (ENXTPA:ACA). The company’s shares saw its share price hover around a small range of €13.14 to €14.18 over the last few weeks.Read More...
Here are the new sentences : "After approving the financial statements for the year ended 31 December 2017, the General Shareholders` Meeting of Crédit Agricole S.A. decided to distribute a dividend of EUR 0.63 per share and a loyalty bonus of EUR 0.063 per share for eligible shareholders. This is the last loyalty dividend to be paid by Crédit Agricole S.A., in view of the deletion of the statutory article on loyalty dividends decided by the General Shareholders Meeting".
Crédit Agricole SA today announces the launch of a share offering reserved for employees of the group worldwide. The purpose of the offer reserved for employees described in this information document ("the Offer") is to enable employees of the Crédit Agricole group to be more closely associated with the growth of the Company.
A Crédit Agricole S.A. General Shareholders` Meeting was held on Wednesday, 16 May 2018 at the Maison de la Mutualité in Paris in the presence of Chairman Dominique Lefebvre and Chief Executive Officer Philippe Brassac. Nearly 800 shareholders were in attendance. With quorum of 74,49%, the General Shareholders` Meeting approved all of the resolutions put to it by the Board of Directors, including the one relating to the bonus dividend.