Crédit Agricole is uniting its employees around the issues of climate protection and the fight against plastic pollution with their first edition of Commitment Days from the 26th of June to the 3rd of July. Several activities will be organised for employees to perform concrete actions for the environment, in France and internationally.
CACEIS’s successful social network-based TEEPI platform, used by over 300 financial firms, is now being enhanced with a ‘Market Place’ feature which will facilitate European fund distribution.
As one of today’s world leaders in green bonds, and as a pioneer for climate finance for nearly 10 years, Credit Agricole believes that it is imperative to decarbonize our economies, while maintaining value creation. In order to strengthen its action and commitments in favor of energy transition, Credit Agricole adopts a Group Climate Strategy fully aligned with the Paris Agreement.
This experiment, tested with customers of the Regional Crédit Agricole Bank of Touraine and Poitou, is a first in France. It will last six months, with a view to marketing in 2020. This is an illustration of Crédit Agricole's resolve to make leading edge payment solutions available to its customers.
The European Investment Bank is pleased to be able to roll-out a new energy transition partnership in France with the Crédit Agricole Group via the announcement of an agreement for a first loan instalment of 250 million euros.
Four Crédit Agricole Regional Banks located in the Occitania region*, the Occitania/Pyrenees-Mediterranean Region and the European Investment Fund (EIF) have signed a partnership under the Foster TPE-PME Agri fund (2). This operating agreement is for a total of €4.2 million (€1.97 million in regional loans and €2.23 million in EAFRD funding), making possible the mobilisation of €21 million in bank loans for agricultural and agro-food companies in Occitania over a period of 3 years.
A new Group Project
Crédit Agricole Group is formally setting out its Raison d’être: “Working every day in the interest of our customers and society”. It confirms its customer-focused universal banking model with three pillars:
Excellence in customer relations: be number one in customer satisfaction by becoming the favourite bank of individuals, entrepreneurs and corporates;
Empowered teams for customers: to accompany digitalisation by offering customers human, responsible and accessible skills;
Commitment to society: amplify our mutualism commitment to reinforce our position as the European leader in responsible investment.
A new Medium-Term Plan (2019-2022)
Raised and secured profitability targets
A strong Group, which allows for agile capital management
Target net income Group share for 2022: > €5bn for Crédit Agricole S.A.;
2022 ROTE: >11% for Crédit Agricole S.A.;
CET1 at year-end 2022 factoring in regulatory changes:
> 16% for Crédit Agricole Group
11% for Crédit Agricole S.A.
Three levers for the new Medium-Term Plan:
Growth on all our markets with the goal of being number one in customer conquest;
Revenue synergies totalling €10bn in 2022;
Technological transformation for greater efficiency with a €15bn allocation over four years.
Today we are expressing for the first time our raison d'être and our new Group Project, which brings the long-term vision of the entire Crédit Agricole Group. For a century, Utility and Universality have made Crédit Agricole the 10th largest bank in the world: a universal bank, complete, diversified and solid. Our raison d'être is looking forward and must guide our transformation.
Dominique Lefebvre, Crédit Agricole S.A. and FNCA Chairman
Philippe Brassac, Crédit Agricole S.A. CEO
Raphaël Appert, FNCA Vice-President and Crédit Agricole S.A. First Vice-President
In line with its commitment to environmental protection and biodiversity, Crédit Agricole has signed on to a 2nd consecutive year of partnership with “Rendezvous in the Gardens”. This aim of this event, organised by the Ministry of Culture, is to raise public awareness of nature conservation. Nearly 2 million visitors are expected for this 17th edition, to be held from 7 to 9 June. 2,400 gardens in France will open their doors to the public for the occasion.
On the occasion of the 8thFIFA Women's World CupTM, of which Crédit Agricole is a national supporter, and as a Major Partner of the French Women's Football Team, the bank celebrates women's sports.
A Crédit Agricole S.A. General Shareholders' Meeting was held on Tuesday, 21 May 2019 at the Centre des congrès Robert Schuman in Metz, in the presence of Chairman Dominique Lefebvre and Chief Executive Officer Philippe Brassac.
©2016 Crédit Agricole