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  • 2012/08/09
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Press release

In the context of its search for the best solution regarding Emporiki, Crédit Agricole S.A. has received binding offers from several Greek banks interested in acquiring the entire capital of Emporiki Bank of Greece S.A. Crédit Agricole S.A. is currently assessing these offers and no strategic decision has yet been taken. These offers are also subject to usual regulatory approvals, the HFSF’s approval and the European Commission’s review of compliance with State aid rules.

Crédit Agricole S.A. will inform the market of any material development regarding this matter, which should be considered in the context of the Greek banking sector consolidation process.