Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Crédit Agricole    ACA   FR0000045072

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Agricole's Emporiki Secures Greek Central Bank Funding

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/08/2012 | 07:15pm CEST

PARIS--French bank Credit Agricole SA's (>> CREDIT AGRICOLE) troubled Greek unit Emporiki Bank of Greece SA (TEMP.AT) has succeeded in getting funding from Greece's central bank, a person close to the matter told Dow Jones Newswires Friday, in a move that should ease pressure on the parent bank's finances.

Over the past year Credit Agricole has lodged numerous similar requests to borrow from the Greek central bank's so-called Emergency Liquidity Assistance program.

Greek banks have borrowed about 54 billion euros ($67.9 billion) under the program, making it a primary source of cash since the banks were locked out of normal funding markets. The ELA loans are attractive because the Greek central bank accepts lower-quality assets as collateral for the loans, compared with what the European Central Bank accepts.

Credit Agricole declined to comment.

Write to Digby Larner at digby.larner@dowjones.com

Stocks mentioned in the article : CREDIT AGRICOLE
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CRÉDIT AGRICOLE
03/25 MONOGRAM RESIDENTIAL TRUST : The Metropolitan Life Insurance Co. Ny Has $1,359,0..
03/24 CREDIT AGRICOLE : Last week review
03/21 CREDIT AGRICOLE SA : Publication of the French version of the « Document de réfé..
03/19 CREDIT AGRICOLE : 'to advice Duqm Refinery on funding'
03/17 CREDIT AGRICOLE : Crédit Agricole S.A. announces its Non-Call decision on the 6...
03/17 CREDIT AGRICOLE : Crédit Agricole S.A. announces its Non-Call decision on the 6...
03/15 CREDIT AGRICOLE SA : Crédit Agricole Group announces the successful sale of 56,7..
03/14 CREDIT AGRICOLE : President Ilham Aliyev meets with CEO of Credit Agricole SA - ..
03/14 CREDIT AGRICOLE : Crédit Agricole Launches Accelerated Bookbuilding for the Sale..
03/14 CREDIT AGRICOLE : Crédit Agricole Launches Accelerated Bookbuilding for the Sale..
More news
Sector news : Commercial Banks
07:39pDJICG Enterprise Renews GBP40 Million of Debt
06:38p Bank stocks slip on uncertainty after healthcare bill fails
05:54p Factbox - Impact on banks from Britain's vote to leave the EU
05:19p RBS answering regulator questions about Russia money laundering claims
04:41p Toshiba wants Westinghouse to file for bankruptcy as early as Tuesday - sourc..
More sector news : Commercial Banks
News from SeekingAlpha
02/16 EU Second-Tier Banks Could Get Yield Curve Leg-Up
02/15 Credit Agricole SA ADR reports Q4 results
02/15 Credit Agricole SA ADR 2016 Q4 - Results - Earnings Call Slides
02/07 Marine Le Pen And French/European Banks
01/28 MARKETPLACE ROUNDTABLE : Taking It To The Bank
Advertisement
Financials (€)
Sales 2017 18 359 M
EBIT 2017 6 347 M
Net income 2017 3 220 M
Debt 2017 -
Yield 2017 4,92%
P/E ratio 2017 10,90
P/E ratio 2018 9,71
Capi. / Sales 2017 1,90x
Capi. / Sales 2018 1,82x
Capitalization 34 950 M
More Financials
Chart CRÉDIT AGRICOLE
Duration : Period :
Crédit Agricole Technical Analysis Chart | ACA | FR0000045072 | 4-Traders
Full-screen chart
Technical analysis trends CRÉDIT AGRICOLE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 12,9 €
Spread / Average Target 5,4%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Philippe Brassac Chief Executive Officer
Dominique Lefèbvre Chairman
Pascal Célérier Deputy MD, Head-Operations & Transformation
Jérôme Grivet Chief Financial Officer & Deputy Managing Director
Jean-Paul Mazoyer Head-Group Information Technology
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CRÉDIT AGRICOLE4.24%37 729
HSBC HOLDINGS PLC-1.31%161 094
AGRICULTURAL BANK OF C..4.84%153 120
AUSTRALIA AND NEW ZEAL..3.09%70 179
JAPAN POST BANK CO LTD1.36%57 416
SHANGHAI PUDONG DEVELO..-1.54%50 148
More Results