Credit Agricole (ACA FP) receives notification of the level of Pillar 2 additional requirement; must comply with CET1 ratio of at least 9.7% as from January - Credit Agricole group was 17.5% at end-Sep '23 and Credit Agricole was 11.8% at end-Sep '23
- Comes as ECB has notified Crédit Agricole Group and Crédit Agricole S.A. of their capital requirements in respect of Pillar 2 (p2r) applicable as of 1st January 2024.
01 Dec 2023 - 16:47- Equities- Source: Newswires
Subscribe Now to Newsquawk
Click here for a 1 week free trial
Newsquawk provides audio news and commentary for over 15,000professional traders and brokers worldwide. Services include:
- Real-time audio coverage from 0630 to 2200 London time plus Asia-Pac 2200 to 1000 London time
- Teams of analysts covering equities, fixed income, FX, energy, and metals markets
- Real-time scrolling news service with instant analysis
- Daily and weekly pre-market research and calendars
- Video updates covering near-term key risk events & primary trading themes
- One-to-one chat with our expert analysts