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Credit Agricole SA (CAGR.PA)

CAGR.PA on Paris Stock Exchange

11.33EUR
18 Mar 2019
Change (% chg)

€0.28 (+2.57%)
Prev Close
€11.04
Open
€11.09
Day's High
€11.44
Day's Low
€11.05
Volume
7,429,402
Avg. Vol
6,880,326
52-wk High
€13.81
52-wk Low
€9.10

Latest Key Developments (Source: Significant Developments)

Credit Agricole CIB Sells Stake In BSF For About 440 Million Euros
Saturday, 16 Mar 2019 

March 18 (Reuters) - CREDIT AGRICOLE SA ::ANNOUNCED ON FRIDAY CORPORATE AND INVESTMENT BANK (CIB) DIVISION SELLS A 4.9% STAKE IN BSF (BANQUE SAUDI FRANSI) TO A RIPPLEWOOD LED CONSORTIUM.PRICE OF 31.50 SAUDI RIYALS PER SHARE.TOTAL CONSIDERATION OF APPROXIMATELY 1.86 BILLION SAUDI RIYALS, EQUIVALENT TO APPROXIMATELY 440 MILLION EUROS.CREDIT AGRICOLE CIB IS THEREBY REDUCING ITS SHAREHOLDING IN BSF TO 10.0%.RIPPLEWOOD ALSO GRANTED RIGHT TO ACQUIRE, FROM CREDIT AGRICOLE CIB, ADDITIONAL STAKE OF 6.0% IN BSF, SUCH RIGHT BEING EXERCISABLE BEFORE END OF DEC 2019, AT PRICE OF 30.00 SAUDI RIYALS PER SHARE, FOR ABOUT 2.17 BLN SAUDI RIYALS (ABOUT EUR 510 MLN) .  Full Article

Amundi to double its ETF, indexing, smart Beta assets under management to EUR200 billion by 2023
Wednesday, 13 Mar 2019 

March 13 (Reuters) - Amundi SA ::OUTLINES AMBITION TO DOUBLE ETF, INDEXING AND SMART BETA ASSETS UNDER MANAGEMENT BY 2023 AND LAUNCHES ULTRA-LOW COST ETF RANGE.IT IS AMUNDI'S AMBITION TO DOUBLE ITS ETF, INDEXING AND SMART BETA ASSETS UNDER MANAGEMENT TO EUR 200 BILLION BY 2023.AMUNDI ALSO ANNOUNCES LAUNCH OF AN ENTIRELY NEW ULTRA-LOW COST ETF RANGE: AMUNDI PRIME.AMUNDI'S AMBITION TO DOUBLE ITS ETF, INDEXING AND SMART BETA ASSETS UNDER MANAGEMENT TO EUR 200 BILLION BY 2023.  Full Article

Unchanged ECB capital requirements for Crédit Agricole Group and Crédit Agricole SA
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Credit Agricole SA ::* The European Central Bank (ECB) recently notified Crédit Agricole Group and Credit Agricole S.A. group their capital requirements , confirming the current additional requirements in respect of Pillar 2 (P2R) ie 1.5% for Crédit Agricole Group and for Crédit Agricole S.A..* For Crédit Agricole Group, taking into account the combined regulatory buffers (conservation buffer, systemic buffer amounting to 1%, and countercyclical buffer reaching 3bps as at January 1st 2019 ), the CET1 level that would trigger the Maximum Distributable Amount mechanism would be 9.78%..* This level should be compared to the current CET1 ratio amounting to 15% as at December 31st 2018. .  Full Article

Credit Agricole says Italian antitrust fines FCA Bank Spa unit
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Credit Agricole SA statement::ITALIAN COMPETITION AUTHORITY FINED ON JAN. 9 SEVERAL BANKS AND CAR MANUFACTURERS FOR HAVING INFRINGED COMPETITION LAW BY EXCHANGING SENSITIVE INFORMATIION DURING MEETINGS OF TWO TRADE ASSOCIATIONS.  Full Article

Banco BPM says lower staff costs to offset higher debt servicing costs-CEO
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Banco BPM Giuseppe Castagna tells analyst call::NO P&L EFFECT FROM DEBT COLLECTION UNIT DEAL AS STAFF COST REDUCTION OFFSETS HIGHER DEBT SERVICING COSTS.  Full Article

Banco BPM says situation worse than business plan assumes
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Banco BPM CEO Giuseppe Castagna tells analyst call::DEVELOPMENTS OF LAST FEW MONTHS LEAD BANK TO BE CAUTIOUS OVER BUSINESS PLAN ASSUMPTIONS ON GDP GROWTH, LEVEL OF PERFORMING LOANS .ASSUMPTIONS "MUCH HIGHER THAN WE'RE EXPERIENCING".  Full Article

Egyptian Exchange Says Rolaco EGB Investment Buys Stake In Credit Agricole Egypt
Monday, 19 Nov 2018 

Nov 19 (Reuters) - CREDIT AGRICOLE EGYPT ::SAYS ROLACO EGB INVESTMENT BUYS 20.5 MILLION SHARES IN CREDIT AGRICOLE EGYPT FOR TOTAL VALUE OF EGP 858.3 MILLION.SASY ROLACO EGB INVESTMENT'S STAKE IN CREDIT AGRICOLE EGYPT AFTER DEAL 6.61 PERCENT.  Full Article

Credit Agricole Egypt 9-Month Standalone Profit Rises
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - CREDIT AGRICOLE EGYPT ::NINE-MONTH STANDALONE NET PROFIT EGP 1.68 BILLION VERSUS EGP 1.50 BILLION YEAR AGO.  Full Article

Credit Agricole Says Ripoll To Head CIB unit From Nov. 1
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Credit Agricole SA ::CREDIT AGRICOLE SAYS JACQUES RIPOLL TO BE HEAD OF CORPORATE AND INVESTMENT BANK FROM NOV. 1.  Full Article

Credit Agricole says S&P has upgraded its credit ratings
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Credit Agricole ::* S&P upgrades long term credit ratings of Crédit Agricole Group and its subsidiaries.* One-notch upgrade to A+ (vs. A previously) of long term creditrating of Crédit Agricole Group, Crédit Agricole SA,.* One-notch upgrade to A- (vs. A previously) of long term credit rating of Crédit Agricole Assurances and of its subsidiaries Predica and Pacifica to A (vs. A- previously);.  Full Article

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Credit Agricole shares drop on money laundering allegations report

LONDON Shares in French bank Credit Agricole fell by more than 2 percent on Wednesday, with traders saying the drop was linked to media reports about a money laundering network alleged to have channeled billions of euros from Russia.