Report

Crédit Agricole : Correction excessive sur l’Italie

>Italie - Très faible impact de la dette souveraine sur la solvabilité - Au cours de plusieurs RS avec CASA, nous avons passé en revue son exposition à la dette souveraine italienne:Chiffrage: CASA porte 7Md€ de dette souveraine italienne dans les comptes bancaires. 6Md€ sont portés par ailleurs par les sociétés d’assurance. A titre de comparaison, le CET1 atteignait 33.9Md€ à fin mars 2018.Dette italienne en Italie: l’essentiel de la dette souveraine italie...
Underlying
AGRICULTURAL CREDIT SA

Credit Agricole is active in the market of retail banking and related businesses. Co. provides day-to-day banking, savings products, mortgage and consumer loans, insurance, private banking, asset management, lease finance and factoring, corporate and investment banking. Its activities can be divided into six business lines: French Retail Banking - Regional Banks; French Retail Banking - LCL; International Retail Banking; Specialized Financial Services; Savings Management and Insurance; and Corporate and Investment Banking. Co.'s customers are personal customers, farmers, small businesses, companies and local authorities. As of Dec 31 2013 Co.'s total assets amounted to Euro1,536,873,000,000.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

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