Press releases

Met on 17 December 2024, the Board of Directors of Crédit Agricole S.A., chaired by Dominique Lefebvre, and on the basis of the opinion of the Appointments and Corporate Governance Committee, has appointed Olivier Gavalda as Chief Executive Officer of Crédit Agricole S.A. He will take up his position following the General Shareholders’ Meeting of 14 May 2025. The transition within the General Management of Crédit Agricole S.A. will be organised in the coming months.

Crédit Agricole and the European Investment Bank (EIB) strengthen their long-standing partnership by increasing their financial support for healthcare and the energy transition. This cooperation agreement provides for subsidised financing through two packages: €400 million to help liberal healthcare professionals set up, with a particular emphasis on increasing the number of women working in these professions; and €300 million to support the energy transition of businesses and the public sector. These initiatives are in line with the EIB’s priorities in Europe and the objectives of Crédit Agricole’s societal project. They are provided through Crédit Agricole’s network of Caisses Régionales (regional banks).

Crédit Agricole S.A. (“Crédit Agricole”) has notified the Italian Authority and Banco BPM SpA (“Banco BPM”) that it has entered into financial instruments relating to 5.2% of Banco BPM share capital, which can be physically settled subject to regulatory approvals. Considering the stake of 9.9% already held, the resulting aggregate position in Banco BPM notified by Crédit Agricole amounts to 15.1%.

Women are on the front line when it comes to climate change. A study carried out in March 2024 by the FAO[1] on food and agriculture in 24 countries and involving 100,000 households concluded that a one-degree rise in temperature would lead to a 34% drop in women's income. In periods of drought or rainfall, women work harder and walk further to supply their communities with food, water and firewood. Yet women can play a key role in solutions for resilience and sustainable resource management. They are powerful agents of change. Not only for the development of economic growth, but also for the success of climate policies. With this in mind, the Grameen Crédit Agricole Foundation, Beyond Finance and FosterImpact have joined forces to announce the launch of Women Empowerment for Climate, a $100 million impact investment fund dedicated to empowering women to successfully implement policies to adapt to climate change.

Amundi announces the acquisition of aixigo, a technology company that has developed a high value-added modular service offering for distributors of savings solutions. Its platform, which is entirely based on API[1], enables new services to be deployed quickly and easily into existing IT infrastructures of banks and financial intermediaries.

CASA AND CAG STATED AND UNDERLYING DATA Q3-2024

Crédit Agricole Immobilier is pleased to announce that it has completed the acquisition of Nexity Property Management, a Nexity subsidiary specialising in commercial and residential asset management. This transaction, announced on 25 July 2024, makes Crédit Agricole Immobilier the leading institutional property management player in France [1].

Crédit Agricole Leasing & Factoring (CAL&F) announces the signing of a Share Purchase Agreement (SPA), subject to obtaining the necessary regulatory approvals, to acquire Merca Leasing, one of the top ten independent Leasing companies in Germany. This operation is in line with CAL&F's development strategy, which aims to round out its offering in the European market, and particularly in the dynamic German leasing market.  

Amundi's Board of Directors met on 29 October 2024 under the chairmanship of Philippe Brassac, and reviewed the financial statements for the third quarter and the first 9 months of 2024.

Guangzhou Automobile Corporation (GAC), one of the largest Chinese car manufacturers, has chosen CA Personal Finance & Mobility and its subsidiary CA Auto Bank as its financial partner to support the arrival of its 100% electric range in Europe from January 2025 via its subsidiary GAC International. GAC International will benefit from CA Auto Bank's strong geographic footprint in Europe and its broad catalog of customizable financing solutions. This pan-European partnership is part of CA Personal Finance & Mobility's ambition to become the leader in electric mobility in Europe by 2025.