The International Olympic Committee has selected London to be the host of the 2012 Olympic Games.

Crédit Agricole, which supported the Paris bid from the outset, applauds the professionalism and hard work of the bid committee, of which it was a partner.

We would also like to thank all the French citizens and sportspeople who were involved in the project and demonstrated their enthusiasm for the Games.

By supporting the Paris 2012 bid, Crédit Agricole once again showed its commitment to mass-appeal major sports projects, and to the Olympic values of fraternity and universality.

We would like to wish good luck to London in organising the 2012 Games, and especially to the sportspeople who will proudly represent France in this magnificent competition.