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CASA Group news / CAL&F and Crédit Agricole d’Ile-de-France sign agreement with Eiffage Rail to expand Paris

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Crédit Agricole S.A. News in 60 seconds
15 December 2016
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CAL&F and Crédit Agricole d’Ile-de-France sign agreement with Eiffage Rail to expand Paris

CAL&F and Eiffage Rail, the Eiffage Group's rail subsidiary, have signed an equipment leasing agreement for 96 carriages intended for the Greater Paris transport programme. Crédit Agricole d’Ile-de-France is sharing the risk and cash flow of this €6.9 million project. As part of this development project, Eiffage Rail will be involved particularly in laying the rails for tramways and subways. The carriages will be used to prepare the concrete base and install the sleepers, rails and sanitation equipment. With these newly-built lines and the extensions to current ones, Greater Paris commuters will enjoy an improved quality of life, with easier access to transport links.

55,000
Insight

Is the number of customers for CA Consumer Finance's all-digital term deposit business as of end 2016. The consumer finance specialist is marketing a savings product for individuals residing in Germany, Austria, Spain - with partner Bankoa - and in Italy through its FCA Bank joint venture with Fiat Chrysler Automobiles. This attractive term deposit product enables CA CF to diversify its sources of financing and to improve its self-funding, which now stands above 70%, in line with its Ambition Stratégique 2020 Medium Term Plan target.

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ecard 2017
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In motion
In motion
CA Financements (Suisse) S.A. completes Switzerland's first mortgage debt securitisation transaction since 2001

Crédit Agricole Financements (Suisse) S.A.* has just completed its first mortgage debt securitisation transaction. Since the last such transaction was completed over 15 years ago, the Bank now holds an eminent position in the Swiss market. This CHF 200 million transaction was carried out in close collaboration with Crédit Agricole CIB as arranger and lead bank. This project means CA Financements (Suisse) S.A. can diversify its sources of financing and support its new strategic goal of going from 38,000 to 100,000 customers by 2023.

* A Swiss-law retail bank, subsidiary of some Crédit Agricole Regional Banks, and operating in Switzerland for 16 years.

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Markets
Markets
Crédit Agricole successfully opens up new senior non-preferred debt segment

On December 13, Crédit Agricole was the first French bank to issue senior non-preferred debt, a new category of securities created by the Sapin 2 act. The purpose of this senior non-preferred debt, which ranks lower in terms of seniority than regular senior debt, is to allow the major French banking groups to comply with the TLAC (Total Loss Absorbing Capacity) requirements by having, as part of their liabilities, instruments able to absorb losses and reconstitute their capital in case of resolution, while optimizing the related costs. This 10-year €1.5 billon issue further strengthens the Crédit Agricole Group's regulatory TLAC ratio, which already stood at 19.7% in September 2016. This transaction was taken up by European institutional investors. The depth and quality of the order book highlights the positive view that investors have of Crédit Agricole, and the market's appetite for this new category of securities. Crédit Agricole CIB acted as sole bookrunner for this operation, unparalleled in France.

CSR
Committed and responsible
Successful nationwide partnership for LCL and the protected workers sector

In 2016, as part of the internal mail and payment means transport service, LCL rolled out its partnership with APF (Association des Paralysés de France / French Disabled Persons' Association). At five sorting offices in Lyon, Marseille, Lille, Tours and Gennevilliers, LCL asked its service providers to take on seven disabled members of APF, who will be joining their teams. Feedback about the high-quality services is very positive, and working together is proving to be worthwhile experience for all who take part.

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In brief
Sofinco's start-up contest scores two joint winners

Dial Once and Reezocar are the winners of the first Sofinco* start-up competition. These two start-ups have innovative concepts with great added value for their customers: Dial Once has solutions for digitalising telephone-based customer relations, and Reezocar boasts a secure used car purchase platform. 2017 will see their adventures continue with the implementation of both concepts, which are good illustrations of how CA CF uses digital transformation for serving customers.
* Crédit Agricole's Consumer Finance brand in France

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Crowdfunding for Burkina Faso

The Énergies pour le Monde Foundation (FONDEM), with Crédit Agricole as founding member, has set up a crowdfunding project to encourage the development of solar kits in Burkina Faso. This operation is open to all and is part of a large-scale project started several years ago in that country. Over 9,000 solar kits have already been installed since the project began. Click "Find out more" to support this initiative and promote the Group's actions.

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LCL Christmas games on social media

Until December 26, LCL will be offering its customers and prospects Christmas games, such as quizzes, GIG battles, Retweet or Like. The games are available on Facebook and Twitter: their main topic is the home and they change each week. There are many prizes for the home to win: gift cards, coffee machines, bikes, etc.

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Employees to vote in Crédit Agricole Innovation Stakes

Crédit Agricole has called for projects to spotlight innovations from within the Group. The Crédit Agricole S.A. Regional Banks and entities have outlined their most innovative projects. Employees can support them and win an invitation to this seventh Innovation Day, to be held on 24 January 2017 at the Eiffel Tower.

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15 december 2016 - CAL&F and Crédit Agricole d’Ile-de-France sign agreement with Eiffage Rail to expand Paris - 55,000 - CA Financements (Suisse) S.A. completes Switzerland's first mortgage debt securitisation transaction since 2001 - Crédit Agricole successfully opens up new senior non-preferred debt segment - Successful nationwide partnership for LCL and the protected workers sector

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