A V-shaped recovery for Crédit Agricole Group
Societe Generale and Amundi announce the signature of a new five-year partnership agreement under which they will continue to develop their relationship in the investment solution distribution and securities services activities. The agreement will take effect from November 2020.
Crédit Agricole CIB has successfully structured the first Green Export Credit Agency (ECA) Loan for the Kingdom of Saudi Arabia, acting through the Ministry of Finance (KSA MOF), in respect of public transport equipment. It is also Crédit Agricole CIB’s first ever Green ECA Loan.
Offering an Easy, Fast, Secure & Private Way to Pay
LCL, today brings its customers Apple Pay, which is transforming payments with an easy, fast, secure and private way to pay.
Amundi Real Estate, on behalf of the funds it manages, announces the acquisition of two office buildings in "Amsterdam-Noord", from Dutch developers Being and COD, as part of a future state of completion sale. Construction started in July 2020 and completion is scheduled for the end of 2021.
Amundi announces the expansion of its Socially Responsible Investing (SRI) ETF range with the launch of AMUNDI INDEX EURO AGG SRI UCITS ETF DR - EUR, which today lists on Euronext Paris. As the first EUR Aggregate SRI ETF in the market, this fund is offered at a competitive price of 0.16% OGC (1).
At its meeting on 16 June 2020, the label jury unanimously decided to renew the "Responsible Purchasing and Supplier Relations” label for twelve entities of Crédit Agricole SA Group in France (Amundi, Crédit Agricole SA, Crédit Agricole Assurances Solutions, Crédit Agricole Consumer Finance, Crédit Agricole Immobilier, Crédit Agricole Corporate & Investment Bank, Crédit Agricole Group Infrastructure Platform, Indosuez Wealth Management, Crédit Agricole Leasing & Factoring, Crédit Agricole Payment Services, CACEIS and LCL), while recognising all the participating teams for their work in upholding the principles of the label.
# Helping older people
On 8 April, Crédit Agricole launched a solidarity fund to finance essential measures to protect the elderly and help them stay in touch with their loved ones.
At the end of June, nearly 500,000 elderly people throughout the country had received support from Crédit Agricole through the €20 million solidarity fund.
A €10 million loan has just been granted by the Agence française de développement Group (AFD), represented by its subsidiary Proparco, to the Grameen Crédit Agricole Foundation. This loan will enable the Foundation to develop its support for microfinance institutions, which provide guidance and support, mainly in Africa, to populations excluded from the traditional banking system. The AFD Group has also pledged to support the Foundation with a €900,000 grant that will enable it to set up a microinsurance technical assistance programme.
New dataset gives investors temperature ratings for 4,000 global companies, based on targets to cut all GHG emissions they are responsible for.
Based on a new approach currently being developed by CDP and WWF, CDP temperature ratings can be used for gauging the temperature pathway of investor portfolios, funds and stock indices.
Europe’s largest asset manager Amundi first to use the rating as part of its ESG analysis, and for the monitoring of four global multisector equity funds.
Major Eurozone banks start the implementation phase of a new unified payment scheme and solution, the European Payment Initiative (EPI)
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