Credit Agricole Announces Strong Half-Year Results

Credit Agricole (FR:ACA) has released an update.

Credit Agricole reports robust half-year performance, with a slight 0.2% growth in underlying vision net income excluding certain one-off effects. The bank highlights strong revenue growth and a low cost/income ratio, driven by dynamic activity across all business lines, including retail banking, consumer credit, and Corporate and Investment Banking. Strategic projects continue with acquisitions and partnerships, and the company maintains a solid capital and liquidity position, with a CET1 ratio of 11.6% for Crédit Agricole S.A. and 17.3% for the group.

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