Credit Agricole SA depreciate LCL to height of 491 million euros Boursorama

The impairment will be recorded in the next publication of the annual results of the group in February ( AFP/Archives / Philippe HUGUEN )

This impairment will be recorded in the next publication of the annual results of the group in February ( AFP/Archives / Philippe HUGUEN )

This impairment will be recorded in the next publication of the annual results of the group in February, it does not, however, affect “the solvency of Credit Agricole or Crédit Agricole Group”, nor their liquidity, indicates the institution in a press release.

The policy of distribution of results of CASA will not be altered, it is noted, the payment of a dividend of 0.60 euro per share to be proposed to the title of the results of 2016.

In 2017, “the board of directors also confirms its intention to propose a dividend equivalent to 50% of attributable profit per share and not to lower the level of the dividend in relation to 2016,” says the group.

in addition, Credit Agricole SA reaffirms the main goals of its strategic plan by 2019, namely a net profit of the group exceeds € 4.2 billion and a return on equity greater than 10%.

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