Results for the 2nd quarter 2021 of Credit Agricole Group

Excellent results this quarter, a record high. Bolstered by its fundamental differences, the Group is at the forefront of tackling our society’s major challenges.

Crédit Agricole Group published a net income Group share of €2.77 billion for the second quarter of 2021 – up 86.8% compared to the second quarter of 2020. At €1.97 billion, Crédit Agricole S.A.’s stated net income Group share was up 2.1-fold compared to 2020.

As anticipated, the support measures have permitted the economy to rebound and, in this context, the Group has posted excellent results this quarter – the best results since the IPO for Crédit Agricole S.A. Business activity is dynamic in all business lines.

Beyond the overall upturn in the field brought by the recovery, the Group has corroborated its specific strengths that consolidate its leadership: steady revenue growth coupled with continuous improvement in operational efficiency; continued renewal of organic growth potential thanks to the universal banking model, making it possible to increase the number of customers, better equip them and offer them new activities and services; acquisitions and partnerships that will promote future growth; profitability and financial strength at the highest levels of European standards.

These strengths for our Societal Project represent the fundamental differences in tackling our society’s major challenges, seeking to facilitate a new growth model that respects the environment and drives inclusive development.

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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