Crédit Agricole CIB structures the first green commercial paper backed by trade receivables contributing to the energy and environmental transition

Crédit Agricole CIB placed the first green issuance of LMA S.A., its European ABCP securitisation programme, for an amount of €25 million. Crédit Agricole CIB considers this ABCP issuance as the first ABCP refinancing of trade receivables contributing to the energy and environmental transition, and in particular to the renewable energy, energy efficiency, clean mobility and waste and water management sectors.

The home help network Petits-fils signs a partnership with Credit Agricole to accelerate its development in medium-sized cities.

Petits-fils, France's second-largest private homecare network for elderly people in loss of autonomy[1], a subsidiary of the Korian Group, is entering a new stage in its regional development through a partnership agreement with the Crédit Agricole Group to support its future franchisees in their financing efforts.300 agencies by 2025 - around 20,000 personal service jobs created

CREDIT AGRICOLE ASSURANCES EXTENDS ITS STAKE TO 100% IN GNB SEGUROS WITH THE SIGNATURE OF AN AGREEMENT WITH NOVO BANCO

Crédit Agricole Assurances announces the signing of an agreement with Novo Banco for the acquisition of 25% of GNB Seguros, a non-life insurance company in Portugal. Crédit Agricole Assurances thus increases its stake to 100% of the capital of GNB Seguros.

Crédit Agricole S.A. successfully priced its offering of EUR 750m Undated Deeply Subordinated Additional Tier 1 (AT1) Fixed Rate Resettable Notes

On 7 October 2020, Crédit Agricole S.A. took advantage of favourable market conditions to launch its second issuance of AT1 notes denominated in EUR (the “Notes”), its first EUR AT1 notes having been issued in April 2014. The new Notes were issued to maintain the Crédit Agricole Group’s high flexibility in the management of its Tier 1 capital.

Crédit Agricole CIB successfully closed the syndication of a €1.1bn financing for Vauban Infrastructure Partners and Bouygues Telecom.

Amundi becomes Fund Channel's sole shareholder and reaffirms its ambitions for the platform

Amundi, the founding shareholder of Fund Channel, announces the buyout of BNP Paribas Asset Management's 49.96% stake in Fund Channel to become once again the sole shareholder of the fund distribution platform by the beginning of 2021, subject to regulatory approval.

SystemX, The Blockchain XDEV, Groupe PSA, Mobivia, Groupe Matmut, Crédit Agricole Assurances and Groupe IMA are experimenting with a certified data blockchain platform for the entire automotive sector

This far-reaching initiative is aimed at providing a standardised and sovereign architecture based on Blockchain technology so as to favour the economic development of the automotive industry through the sharing and monetization of vehicle data, while complying with the General Data Protection Regulation (GDPR). A call is being made to all the stakeholders in the automobile sector (manufacturers, equipment makers, maintenance and repair networks, insurers, banks, institutions, etc.) to join in this unprecedented innovation initiative in Europe. A white paper describing this collaborative approach is available for download.

ArchiMed selects CACEIS as servicing partner for its latest €1bn fund

CACEIS, the leading European asset servicing group, has been selected to service the new MED Platform I fund run by ArchiMed, a Private Equity firm specialising in the Healthcare industries. The mandate covers depositary bank, custody, middle-office, fund accounting and financing services for the MED Platform I fund, which reached a €1bn final close.

2020 SHARE CAPITAL INCREASE RESERVED FOR EMPLOYEES OF THE CRÉDIT AGRICOLE GROUP

Crédit Agricole SA today announces the launch of a share offering reserved for employees of the Crédit Agricole group, worldwide.

Start of operations for Amundi BOC Wealth Management Joint Venture

Amundi, Europe’s largest asset manager, and BOC Wealth Management, a subsidiary of the Bank of China, announce that their new joint-venture in China, Amundi BOC Wealth Management Company Limited (“the Company”), has received its license from the China Banking and Insurance Regulatory Commission and is now ready for opening. The Company will start its operations from October. It will be the first foreign majority-owned company in China allowed to design and offer wealth management products.

Nicolas Sauvage has been appointed CEO of CA Life Japan with effect from 1 October 2020

CSolidaire Crédit Agricole Assurances promotes employee engagement

Crédit Agricole Assurances has launched CSolidaire, a programme designed to facilitate employee engagement in initiatives of public interest. This platform forms a part of its patronage policy and responds to employees’ desire to become more involved in actively serving society.