- 3 min
Following an article in today's Financial Times about the suspected involvement of traders at French banks – including Crédit Agricole CIB – in the attempted manipulation of benchmark rates by Barclays bank from 2005 to 2009, Crédit Agricole SA would like to make it clear that:
- It was not a Libor panel bank between 2005 and 2009. It only became a contributor in November 2010.
- Furthermore, it has only been contributor to USD Libor since February 2011.
- It has responded to requests for information from various authorities as it always does.
- It has not been accused of any wrongdoing.