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CASA Group news / Crédit Agricole Italia and Edison work together for energy efficiency

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Crédit Agricole S.A. News in 60 seconds
9 December 2016
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Crédit Agricole Italia and Edison work together for energy efficiency

The Crédit Agricole Italia Bank Group, our retail bank in Italy, recently signed an agreement with the Edison Group to support projects for energy efficiency and reducing environmental impacts in companies. Under this agreement, Edison will provide its expertise in energy efficiency and sustainable development to businesses through services, products and consulting. In turn, Crédit Agricole Italia will structure and offer financial products and services specially designed to complement the Edison Group's technical products and services. Edison is a leading Italian producer and supplier of electricity, gas and oil.

Resl Estate
Insight

The Real Estate Sector Policy sets out the criteria for intervention in terms of corporate social responsibility within the real estate sector. The Crédit Agricole Group wants to reduce the environmental and social effects linked to financing for real estate property - homes, offices, hotels, shopping malls, amusement parks, etc. These effects can be felt during construction (poor working conditions, threats to biodiversity, carbon footprint, etc) and during the period of use (energy consumption). Watch Laurent Chenain's video interview.

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In motion
Loire Haute-Loire Regional Bank creates innovation foundation

This Corporate Foundation has a budget of €1.1 million to support innovation initiatives in its region through sponsorship. Five priority areas have been identified: health and ageing well; housing; agriculture and agrifood; environmental economics; and knowledge transmission. The Regional Bank has also announced three other measures to support innovation in the Loire and Haute-Loire regions: creating a Capital Innovation seed fund; opening the Village by CALHL in June 2017; and a sponsorship programme with the Jean Monnet University Foundation, EM Lyon and the region's Grandes Ecoles.

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analysis
Analysis
The ECB: the banks' bosom buddy?

The question might seem ludicrous, were it not a central reason for economists' mood swings right now. The 8 December meeting of the European Central Bank failed to assuage the jitters of analysts, who, like pollsters, have frequently been caught hopping in recent weeks, since the foretold post-Brexit calamity. The reason for the ECB's meeting was to reveal the monetary course the bank intends to steer in the coming months, but economists are still in two minds about whether the debt purchase programme should be extended.

Agenda
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Friday 9 December

Fitch to update UK rating

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Monday November 12

Signature of the EU-Cuba cooperation agreement

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Thursday 15 December

Governing Council of the ECB meeting in Frankfurt

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Thursday 15 and Friday 16 December

European Union summit in Brussels

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In brief
Crédit Agricole Group to support ADVINI's reserved capital increase

Grands Crus Investissements (GCI), a holding company managed by IDIA Capital Investissement, has acquired a 5.6 % holding in ADVINI*, a leading player in the terroir wine market. This €7.6 million operation will strengthen the existing links between ADVINI, its various Regional Bank partners, and LCL.



* ADVINI is listed on the Euronext Paris regulated market

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9 December 2016 - Crédit Agricole Italia and Edison work together for energy efficiency - Real Estate - Loire Haute-Loire Regional Bank creates innovation foundation - The ECB: the banks' bosom buddy? - Calendar - Crédit Agricole Group to support ADVINI's reserved capital increase

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