CREDIT AGRICOLE SA: Crédit Agricole S.A. announces the signing of an agreement for the sale of its Serbian subsidiary Crédit Agricole Srbija A.D.
05 August 2021 - 06:00PM
CREDIT AGRICOLE SA: Crédit Agricole S.A. announces the signing of
an agreement for the sale of its Serbian subsidiary Crédit Agricole
Srbija A.D.
Montrouge, august 5, 2021
Crédit Agricole S.A.
announces the
signing of an
agreement for the sale of its
Serbian subsidiary Crédit
Agricole Srbija A.D.
In line with its strategy, Crédit Agricole S.A. announces today
the signing of an agreement to sell Crédit Agricole Srbija A.D. to
Raiffeisen banka A.D., Serbia, fully-owned subsidiary of Austrian
Raiffeisen Bank International AG. Completion of the transaction,
which is subject to clearance from the relevant regulatory
authorities, is expected to occur by the end of the first quarter
2022.
This transaction has no significant impact on Crédit Agricole
S.A.’s solvency ratios.
CRÉDIT AGRICOLE S.A. PRESS CONTACT
Charlotte de Chavagnac : + 33 1 57 72 11 17 -
charlotte.dechavagnac@credit-agricole-sa.fr
Find our press release on: www.credit-agricole.com -
www.creditagricole.info
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