Philippe Brassac

Crédit Agricole Proposes Dividend of €0.60 per share, Announces Simplification of Capital Structure

Crédit Agricole SA has been widely criticized for its complex cross-shareholding between listed entity and cooperative parent banks. Finally it has announced plans for simplification of its capital structure. The French Green bank has also announced dividend of €0.60 per share while recording €882 million in net profit.

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