Credit Agricole : A solidity (again) demonstrated. Recommendations confirmed.
Crédit Agricole released its Q3 2020 results last week. They reflect the solidity of the franchise amidst challenging economic and market conditions this year. They are reassuring as regards the group's solvency, MREL and liquidity trajectory. This release is also an opportunity to take a closer look at asset quality and M&A deals in Italy. - All told, we maintain our Stable credit opinion on a solid, profitable banking group with a low risk profile and reiterate our Buy recomme...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.