Crédit Agricole (CASA) is the market leader in France in Universal Customer-Focused Banking and one of the largest banks in Europe. Through its subsidiaries, Crédit Agricole is involved in the following services: French Retail Banking, International Retail Banking, Specialised Financial Services, Asset Management, Insurance and Private Banking, Corporate and Investment Banking. Total assets: EUR 1,944 billion (as of June 30, 2013). Net profit: EUR 3,611 million (2010), EUR 0,812 million (2011). Net loss: EUR 3,808 million (2012).
The strength of its retail banks including 11,500 branches worldwide and the expertise of its specialised subsidiaries give Crédit Agricole an effective presence in all areas of banking and finance. More than 150,000 employees work to satisfy the banking requirements of 51 million customers in 70 countries.
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06.08.2013 Crédit Agricole Group today reported net income of EUR 1,385 million for the second quarter of 2013, compared with net income of EUR 808 million in the second quarter of 2012 (up 71.5%). First half 2013 net income totaled EUR 2.4 billion.
18.10.2012 Crédit Agricole today announced that it has signed a contract for the sale of the entire share capital of Emporiki to Alpha Bank. More
10.11.2011 Crédit Agricole Group reports third quarter 2011 net income of €930 million, compared to €684 million in third quarter 2010 (+36.0%). Good results and strong capacity at Group level to weather the sovereign debt crisis.
04.03.2011 Crédit Agricole reports full-year 2010 net income of EUR 1,263 million compared with net income of EUR 1,125 million in 2009 (up 12.3%).
19.11.2009 Net income Group share for the first 9 months was €692 million, including €289 million in the third quarter of 2009. These solid results were generated in a climate of persistent economic deterioration. More
No more queues in front of ATMs - 23.01.2013 Reduced transaction duration is an important issue for customer satisfaction and for efficient use of Banking channels, especially at ATMs. Every measure taken to fasten cash withdrawals, most widespread used ATM transaction, is beneficial to both customers and banks.
Swiss bank Wegelin & Co. to close after US tax evasion fine - 04.01.2013 Switzerland's oldest bank is to close permanently after pleading guilty in a New York court to helping Americans evade their taxes. Wegelin & Co., which was established in 1741, has also agreed to pay $57.8 million in fines to US authorities. Source: BBC
Banks seen shrinking for good as lay-offs near 160,000 - 16.11.2012 Major banks have announced some 160,000 job cuts since early last year and with more lay-offs to come as the industry restructures, many will leave the shrinking sector for good as redundancies outpace new hires by roughly two-to-one. Source: Reuters