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Credit Agricole Group Reports €3.7 Billion Profit in 1st Half 2017
Credit Agricole Group has reported net income of €3.7 billion in 1st half 2017, an increase of 34% (YOY).
” Asset Management AUM at €1.21 trillion while Wealth Management AUM at €156 billion “
Under the group, Asset Management business (Amundi) reported €1.21 trillion of AUM, an increase of 11.7% (YOY) while Wealth Management reported €156 billion of AUM, an increase of 3.4% (YOY).
Source: Official Press Release
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About Crédit Agricole
Crédit Agricole S.A. is the listed entity. Crédit Agricole S.A. has a number of subsidiaries specialising in all areas of finance, serving the Regional Banks (in which it owns a 25% stake) and its banking networks in France and abroad. Crédit Agricole S.A. is listed on Euronext Paris. Its activities are organised into three business lines:
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Retail banking in France and abroad: 25% stake in the Regional Banks (except the Corsican bank), LCL, Cariparma FriulAdria in Italy etc.
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Specialised business lines: asset management, insurance, private banking, consumer finance, leasing, factoring etc.
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Corporate and investment banking
- Origin : France
- Employees : 138,000
Official Website: Crédit Agricole
News & Media: Press Release
Updated on 1st August 2017
Managing $20 million to $3 billion. Investing $3 million to $300 million.
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