Financial results for the 3nd quarter and first nine months 2021 of Credit Agricole Group

Results at an all-time high driven by favorable conditions. Unparalleled consistency is associated with Group Universal Customer-focused Banking model.

This morning, the Crédit Agricole Group reported underlying net income Group share of €6.2 billion for the first nine months of 2021 – up +31.9% compared to the first nine months of 2020 – and €2.2 billion for the third quarter. Underlying net income Group share for Crédit Agricole S.A. reached €4.0 billion over nine months – up +37.9% compared to 2020 over the same period – and amounted to €1.4 billion for the third quarter.

The Group reported very good results, in line with previous quarters. Business activity and customer capture have been robust. It is the unparalleled consistency of its performance, driven by our Universal Customer-focused Banking model, that first and foremost sets the Group apart. It is a model which generates a constantly renewed organic growth potential and which is rooted in comprehensive and lasting customer relationships. It aims to cover all the financial and asset-related requirements of our customers throughout France, and via all channels, whether they are individuals, small businesses or large corporates. The Group’s financial robustness and the profitability of Crédit Agricole S.A. rank among the leaders in the sector in Europe.

The final step in the simplification process of the Crédit Agricole S.A. capital structure will take place on 16 November with the full unwinding of the Switch mechanism. This transaction, as with this year’s two share buyback programs, is part of an attractive, long-term shareholder compensation policy.

Building on the groundwork of its Raison d’Être and its solidity, the Group wishes to establish a new model of prosperity that promises progress for all. To learn more information, click here

About Credit Agricole:

JSC “Credit Agricole Bank” is a modern universal bank owned by the leading financial group in Europe – Credit Agricole Group (France). The Group is a major partner of the French economy and one of the largest banking groups in Europe. It is a leading retail bank in Europe, having the largest portfolio of assets under management, being first in the field of ban insurance and third - in project financing in Europe. Credit Agricole has been operating in the financial market of Ukraine since 1993 and renders the entire range of banking services to private individuals, including premium-clients, and business. The bank pays special attention to cooperation with agricultural enterprises. Reliability and business reputation of Credit Agricole in Ukraine is confirmed by the highest possible FITCH ratings, leading positions in bank sustainability, bank deposit reliability and bank profitability rankings, as well as by 280 000 active private and 17 000 corporate customers, including international corporations, large Ukrainian companies and representatives of small and medium business. Credit Agricole Bank is a socially responsible bank that confirms its status by the large number of projects implemented under the Corporate Social Responsibility Program “We Care!”.

Contacts:

Viktoriia Torianyk, Head of PR and internal communications division of Credit Agricole Bank.

E-mail: Viktoriia.TORIANYK@credit-agricole.ua