Credit Agricole chairman says to resume dividend payments

PARIS Thu May 23, 2013 5:11am EDT

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PARIS May 23 (Reuters) - French bank Credit Agricole will resume paying a dividend on its 2013 earnings, its chairman told shareholders on Thursday, after heavy losses last year led it to suspend the payout.

"2013, I am convinced, will bring a return to the payment of a regular dividend," Jean-Marie Sander said during his introductory remarks at the bank's annual shareholders' meeting in Bordeaux, France. (Reporting by Christian Plumb)