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Credit Agricole SA Announces Completion of Emporiki Sale to Alpha Bank

Friday, 1 Feb 2013 02:05pm EST 

Credit Agricole SA announced the completion of its sale of the entire share capital of Emporiki to Alpha Bank. After the sale, Credit Agricole SA will not provide Emporiki with any further funding, taking into account the transactions carried out since September 2012, in particular Credit Agricole CIB's acquisition of a USD 1.4 billion shipping portfolio. The financial terms of the deal were not disclosed. 

Company Quote

21 Nov 2014