Examples of Crédit Agricole Italia in a sentence
Crédit Agricole Italia S.p.A. (“Crédit Agricole Italia” or “CA Italia” or the "Issuer") has established a Covered Bond Programme (the "Programme") for the issuance of up to Euro 16,000,000,000 in aggregate principal amount of covered bonds (the "Covered Bonds") guaranteed by Crédit Agricole Italia OBG S.r.l. (the "Guarantor").
Crédit Agricole Italia S.p.A (previously, Crédit Agricole Cariparma S.p.A.) (“Crédit Agricole Italia” or the "Issuer") has established a Covered Bond Programme (the "Programme") for the issuance of up to Euro 16,000,000,000 in aggregate principal amount of covered bonds (the "Covered Bonds") guaranteed by Crédit Agricole Italia OBG S.r.l. (the "Guarantor").
Restated for these provisions, preliminary net badwill54 amounted to €378 million, applied fully to Crédit Agricole Italia, resulting in a positive impact of €285 million in Crédit Agricole S.A. net income Group share, restated in specific items.
On 18 March, Crédit du Maroc made an -€8 million contribution to the national solidarity fund, while on 31 March, Crédit Agricole Italia donated €2 million to the Italian Red Cross and Italian hospitals.
Revenues from retail banking rose +15.5% compared to second quarter 2020 and +8.9% on a like-for-like basis, excluding the impact of the consolidation of CreVal at Crédit Agricole Italia this quarter, thanks to buoyant housing and SME and small business activity at LCL and dynamic business production at Crédit Agricole Italia, continued favourable refinancing conditions and good fee and commission income.
International Retail Banking - Geographical breakdown Outstanding loans Q2-19 by entity 2% Italy2%2%7%8% PolandMorocco Egypt79% Ukraine Other Retail banking in Italy (IRB Italy)Retail banking in Italy includes the networks of Gruppo Bancario Crédit Agricole Italia (“CA Italia”), which operates under the Crédit Agricole, Cariparma, Friuladria and Carispezia brands, as well as the three banks (Cassa di Risparmio – CR, Rimini and San Miniato) acquired in late December 2017.
In this challenging situation, the income and financial performance achieved in 2016 by the Crédit Agricole Italia Banking Group is even more considerable and is evidence of the progressive increase in intermediated assets (funding and lending), and of the Group’s ability to generate good profitability, with firmly adequate capital and liquidity levels.
On 23 November 2020, Crédit Agricole Italia launched a voluntary public tender offer for all ordinary shares of Credito Valtellinese, to strengthen its competitive position in Italy, the Group’s second-largest domestic market, confirming a long-standing and ongoing commitment to its customers and territories in Italy.
Notwithstanding any other provision of this Agreement, arbitration will be governed exclusively by the Federal Arbitration Act as amended (9 U.S.C. §§ 1 et seg.), and arbitration will take place according to the Commercial Arbitration Rules of the American Arbitration Association (“AAA Rules”) in effect as of the date the demand for arbitration is filed.
ItalyThis quarter’s results were marked by Credito Valtellinese’s first-time consolidation, with two months of Credito Valtellinese’s income added to the quarterly income of Crédit Agricole Italia, to produce a positive impact of€7 million53 in net income Group share.