Thursday 28 March 2024
 
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Credit Agricole

Crédit Agricole hosts trade summit in Cairo

Crédit Agricole Egypt, a leading financial institution, hosted a trade and investment seminar for Egyptian companies in collaboration with a number of organisations aiming to support investments in Egypt. The entities include the General A

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Credit Agricole to sell key equity unit

French bank Credit Agricole SA has agreed to sell its private equity unit to Coller Capital, a UK-based firm which specialises in buying private equity assets which other firms wish to divest. The sale will reduce the risk-weighted assets

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Credit Agricole to close Dubai M&A operations

French bank Credit Agricole is planning to close down its Mena mergers and acquisitions (M&A) business in Dubai and move the operations back to its Paris office, an executive at the bank said on Tuesday. 'The move will affect aroun

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Moody's cuts SocGen, CreditAgricole ratings

Moody's Investors Service on Wednesday downgraded two of France's top banks, Societe Generale  and Credit Agricole, in a new blow to efforts by European policymakers to restore market confidence in the region. The ratings agency said

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Credit Agricole to close Bahrain office

French bank Credit Agricole is to close its office in Bahrain and move its staff to Dubai, International Financing Review (IFR) said on Sunday. "While sources said that the move has been talked about for some time, they admitted that the u

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Top Credit Agricole banker to join UBS

Swiss bank UBS has poached Credit Agricole's top Middle East and Africa investment banker for a senior job at its emerging markets wealth management division, a banking source said. Albert Momdjian, who joined Credit Agricole in 2006, had

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Zain appoints Credit Agricole as consultant

Kuwaiti telecoms operator Zain has appointed Credit Agricole as its consultant to sell a stake in affiliate Zain Saudi, an unidentified source said in published remarks on Wednesday.     On March 15, Zain conditionally

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Saudi Aramco, Total eye $1bn sukuk for Jubail

State-owned Saudi Aramco and France's Total will launch a $1 billion Islamic bond, or sukuk, in the fourth quarter, for their joint venture in the kingdom, a banker at a lead arranger said on Monday. The sukuk is related to the financi

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Credit Agricole names MEA head

Credit Agricole Corporate and Investment Bank (CA CIB) has appointed Albert Momdjian as head of coverage and investment banking for the Middle East and Africa (MEA) region effective September 1. Momdjian will be responsible for consolidati

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Bahrain licence for Credit Agricole

The Central Bank of Bahrain (CBB) has granted a licence to Credit Agricole, a leading French banking group, to establish a presence in Bahrain. The Bahrain office will represent Credit Agricole (Suisse) SA, a wholly owned subsidiary of Cal

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