Credit Agricole SA (MEX:ACAF)
MXN 281.95 0 (0%) Market Cap: 861.53 Bil Enterprise Value: -5.21 Tn PE Ratio: 7.08 PB Ratio: 0.57 GF Score: 77/100

Credit Agricole SA CIB Investors workshop Transcript

Dec 11, 2019 / 01:30PM GMT
JÃ;rÃ;me Grivet;dit Agricole S.A.;Deputy GM
CrÃ;CFO & Head of the Group Finance Division

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Well, thank you, Clotilde, and good afternoon to every one of you. I'm very happy to host this second specialized workshop 2 years after the first one we organized on the insurance activities of the group of Crédit Agricole, which was held at Crédit Agricole's premises in Montparnasse. Now thanks again to be in Montrouge, for those of you who as Clotilde said, overcame all the obstacles, the weather and the strikes in Paris and of course, welcome also to those who are on the webcast.

Today's workshop is focusing on our CIB activities, as Clotilde said. These activities are alongside precisely the insurance activities, 1 of the 2 top contributors to CASA's net profit. And I will take the opportunity of this introduction to explain a little bit how these CIB activities fit into our global model.

Let me start just by a quick reminder of CASA and Crédit Agricole Group main characteristics. The first one is that we are

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