Credit Agricole's 4Q Income to Include EUR1.04 Billion Provision Write Back
09 November 2019 - 2:50AM
Dow Jones News
By Giulia Petroni
Credit Agricole SA (ACA.FR) said Friday that its fourth-quarter
income will include a provision write back of 1.04 billion euros
($1.15 billion).
The French company said France's State Council recognized the
deductability of a charge incurred by the group in 2012, when it
sold Greek bank Emporiki.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
November 08, 2019 10:35 ET (15:35 GMT)
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