Companies joining forces are investing a combined total of over 1 billion USD in more than 50 current and future initiatives, benefiting 100 million people to date.
In the first half of 2019, Crédit Agricole Assurances generated premium income of €20.4 billion, up 18.7% compared with the first six months of 2018. The first six months were characterised by strong inflows in Savings & Retirement, and the continuation of sustained momentum in Property & Casualty insurance as well as in Death & Disability / Creditor / Group insurance.
Q2-19: Business lines deliver increased revenues
Accounting net income of €480m (up +5.6% vs. H1 2018)
Growth in-line with targets of 3-year plan
First measurable achievement: 16 weeks’ paid maternity leave.
The Crédit Agricole S.A. Group has signed an international framework agreement with UNI Global Union, the international trade union federation of the private service sector. This global agreement covers human rights, basic labour rights, and fostering of social dialogue. It builds on the Group’s commitments by proposing the same social standards to all its employees, regardless of where they work, and helping to improve working conditions. This agreement offers a frame of reference to Crédit Agricole S.A. Group’s 75,000 employees in all 47 countries where the Group operates.
CACEIS Bank (“CACEIS”) and KAS BANK today published a joint press release on the characteristics of CACEIS’s recommended public offer in cash for all the securities in KAS BANK (the “Offer”).
Emmanuel Sardet has been appointed Chief Executive Officer of Crédit Agricole Group Infrastructure Platform (CA-GIP) as of 1 August 2019. He will be taking over from Pierre Guillemet, who is retiring.
In June 2019, Amundi provided I.M.A.* (Industria Macchine Automatiche SpA) – an Italian processing and packaging machines manufacturer - with a EUR 50M EuroPP, in conjunction with a EUR 180M Syndicated Term Loan underwritten by UniCredit, which acted as sole Bookrunner.
Banco Santander and Credit Agricole today announced that they have signed a memorandum of understanding (MOU) to develop clients (SMEs and Midcaps) mutual referral, thanks to the strong complementarity of their domestic and international networks. The MOU was signed by Fernando Lardies, Global Trade Services Lead on behalf of the Santander Group and Didier Gaffinel, Head of Global Coverage & Investment Banking Crédit Agricole CIB, for Crédit Agricole Group.
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