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Credit Agricole SA sells Credit Agricole Bulgaria to Corporate Commercial Bank AD Sofia

Wednesday, 22 Jan 2014 02:29am EST 

Credit Agricole SA:Announces the signature of an agreement to sell Credit Agricole Bulgaria to the Bulgarian bank Corporate Commercial Bank AD Sofia.Says the sale will lead to a 160 million euro reduction in its risk-weighted assets while lowering its solvency ratios by less than 1 basis point.No further financial details were provided. 

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0.125 +1.08%
24 Oct 2014