trending Market Intelligence /marketintelligence/en/news-insights/trending/_uowhessycwpupjtw_o30w2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

DBRS revises trend on Crédit Agricole, parent

TMT: Leading Trends And What To Watch

US Utility Commissioners: A Key Factor In Assessing Regulatory Risk

The Essential Conference 2019 Highlight Reel

Municipal-Run Fiber Tops 280000 Subscribers In 2018


DBRS revises trend on Crédit Agricole, parent

DBRS on Sept. 30 confirmed 's issuer rating andsenior long-term and deposits rating at A (high) and revised the trend on thelong-term ratings to positive from stable.

The agency also confirmed Crédit Agricole Group issuer rating at A (high) andrevised the trend to positive from stable. The short-term ratings of bothentities were confirmed at R-1 (middle) with stable trends.

The trend change reflects DBRS' view of Crédit AgricoleGroup's consistent progress in enhancing its funding and liquidity, its capitaland risk profile. The agency noted that the group reduced its reliance onshort-term funding, built substantial liquidity in its balance sheet and madesignificant advancement in its issuance of senior and subordinated debt.

Crédit Agricole Group has been steadily building its capitalposition and its fully loaded common equity Tier 1 ratio is in the upper end ofthe range for its counterparts, DBRS added. The group has alsocontinued to deliver resilient earnings despite a challenging operatingenvironment in its domestic markets.