UPDATE 1-Credit Agricole’s Q1 profit falls 16% as it triples provisions
Credit Agricole reported
on Wednesday a 16.4% decline in quarterly profit, as France’s
second-biggest listed bank almost tripled the amount of
provisions to protect itself from potential loan defaults caused
by the coronavirus crisis.
on Wednesday a 16.4% decline in quarterly profit, as France’s
second-biggest listed bank almost tripled the amount of
provisions to protect itself from potential loan defaults caused
by the coronavirus crisis.
Posted by Reuters