26 jun: UPDATE: German Consumer Confidence To Rise in July - GfK
26 jun: German Consumer Confidence To Rise in July
26-06-2012 08:28:00

Credit Agricole to Lend EUR1.9 Billion to French Local Authorities - Report

Relateret indhold

Credit Agricole will lend 1.9 billion euros ($2.34 billion) to French towns and provinces which face a shortage of funding since Franco-Belgian bank Dexia SA (DEXB.BT) stopped operating following financial troubles, Les Echos newspaper says, citing Credit Agricole executives.

Through its insurance unit, the third largest French bank by market capitalization will offer credits to French local authorities of cities and towns between 50,000 and 100,000 inhabitants with a 15-year maturity and a fixed rate slightly lower than 5%, the newspaper said, citing Olivier Gavalda, the head of Credit Agricole's regional units, and Jerome Grivet, the head of Credit Agricole's insurance unit.

No officials were immediately available for comment at Credit Agricole.

French local governments have seen financing dry up after French and Belgian governments started dismantling Dexia, which specialized in credit to local authorities for infrastructure projects. The credit squeeze for French municipalities, which generally don't tap the bond markets, also worsened as commercial banks slowed lending as they implemented tougher solvency rules imposed by governments.

State-owned Banque Postale last week announced it will start lending to local authorities.

Newspaper Web site: http://www.lesechos.fr

-Write to Inti Landauro at inti.landauro@dowjones.com

(END) Dow Jones Newswires

June 26, 2012 02:28 ET (06:28 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Euroinvestor.com A/S løfter omsætningen og indtjeningen markant.

29-08-2014 10:55:42
Delårsrapport 2014 for Euroinvestor.com A/S Fondsbørsmeddelelse nr. 11. 2014  29. august 2014 Resumé: Delårsrapport 2014 ..

Aktier/tendens: Regnskaber, nøgletal og Rusland/Ukraine i fokus

29-08-2014 08:30:15
Det tegner til en flad til let positiv udvikling for de danske aktier, når markedet åbner fredag kl. 9:00. Futures på de store europæiske børser peger i hvert f..

Vestas: Energiagentur advarer om afmatning

28-08-2014 16:00:21
Usikkerhed om politiske rammebetingelser truer med at dæmpe momentum for investering i vedvarende energiprojekter, konkluderer det internationale energiagentur,..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Novo Nordisk lukker sit tredje forretningsben - NY
2
Ukraine trækker sig fra kamp i lufthavn
3
Vestas-kunde får grønt lys til nyt mølleprojekt i Halland
4
Schweiz: Saxo Bank advarer om risiko for sprængt valutaloft
5
Fyringsrunde på vej i Danske Bank - avis

Relaterede aktiekurser

Credit Agricole 11,31 0,9% Stigning i aktiekurs
Dexia 0,03 -3,2% Fald i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
2. september 2014 16:06:55
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20140825.1 - EUROWEB3 - 2014-09-02 16:06:55 - 2014-09-02 16:06:55 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x