French lender Crédit Agricole has published its second quarter results a day ahead of schedule on its website. The bank blamed the blunder on a “technical error”.
The group posted better than expected results with €696m in net income compared to €56m in the second quarter of 2012.

Jean-Marie Sander, chairman of Crédit Agricole, said: “With over 484 billion euros of loans originated by the Regional Banks and LCL, Crédit Agricole Group is the leading lender in France and plays a key role in helping to restore the French economy.”

Jean-Paul Chifflet, CEO of Crédit Agricole, said: “Our second quarter results confirm the trends we saw during the first three months of the year. The Group has changed its profile and is adapting to the prevailing context and the new regulations. We are pursuing the path we announced, building on our core strengths and financial soundness whilst continuing our cost-cutting efforts.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.