Crédit Agricole Group posted a net income of 1.81 billion euros in the second quarter of the year, while in the first six months it stood at 3.163 billion euros.

The results reflect solid performance achieved by business lines, but also growing revenues, despite a difficult market context.

The regional banks also recorded remarkable results, supporting the growth in all the business lines of Crédit Agricole S.A. The business divisions of Crédit Agricole S.A. have increased due to the attraction of clients and the performances obtained from external partnerships.

The net income of Crédit Agricole SA, part of the Crédit Agricole Group, in the second quarter of 2019 stood at 1.22 billion euros, with total revenues of 5.15 billion euros. In the first six months of the year, CA SA had a net income of 1.985 billion euros.

The group has already begun the implementation of the medium-term plan 2022, developing more partnerships outside the Group, but also intensifying the ecological financing and developing CA Assurances, which is now the number 1 life insurance provider in France.

You can find more details on the official website of Crédit Agricole SA, www.credit-agricole.com, at this link.

A whole bank just for you

Thanks to its universal customer-focused banking model – based on close cooperation between its retail banks and its specialised business lines – reaffirmed by its new “A whole bank just for you” brand signature, Crédit Agricole helps its customers to realise all their personal and business projects. It does so by offering them an extensive range of services consisting of day-to-day banking, loans, savings products, insurance, asset management, real estate, leasing and factoring, corporate and investment banking, issuer and investor services.

Serving 51 million customers[1] worldwide, it also stands out on account of its distribution model, multi-channel customer-focused banking, and the efforts of its 141,000 employees, who make Crédit Agricole the Customer Relationship-based bank.

Built on its strong cooperative and mutual foundations and led by its 9.3 million members and almost 31,000 directors of its Local and Regional Banks, Crédit Agricole’s organisational model gives it stability and staying power. It also draws its strength from its values of transparency, customer focus, accountability and openness to the world and from local communities, which it has cultivated over 120 years.

Crédit Agricole’s corporate social responsibility policy lies at the heart of its identity as a helpful and responsive bank over the long term. It is reflected in its products and services and informs the actions of all its business lines. It is a key factor contributing to overall performance and a powerful innovation driver.

Crédit Agricole Group extends its leadership year after year. It is the number one provider of financing to the French economy[2] and the number one insurer in France[3]. It is also the first bancassurer in Europe[4], the first European asset manager[5] and the world’s second-largest provider of green financing[6].

 

  • A presence in 47 countries
  • 51 million customers worldwide
  • 141,000 employees in France and abroad
  • 1 bancassurer in Europe
  • 1 European asset manager
  • The world’s second-largest provider of green financing

Among the European Top 3 in Consumer Credit

[1] Scope of French and international retail banking, Crédit Agricole Consumer Finance and Crédit Agricole Bank Polska consumer finance customers.

[2] Based on the value of outstanding deposits and loans as of 31/12/2016. Source: Bank, French retail banking.

[3] In terms of premium income. Source: l’Argus de l’assurance published on the 16 December 2016 and La Tribune de l’assurance published on the 16 November 2016.

[4] In terms of premium income. Source: l’Argus de l’assurance published on the 16 December 2016, data at end-2015.

[5] N°1 of all management companies who have their main Office in Europe – Source: IPE “Top 400 Asset managers” published in June 2016, based on assets under management at December 2015.

[6] Source: Bank.