  Crédit Agricole Group posts 3Q revenue of 7.659bn euros November 7, 2013 - 12:08 AMT PanARMENIAN.Net - Crédit Agricole Group reported that its third-quarter of 2013 net income Group share was 1.433 billion euros, compared to a loss of 2.206 billion euros in the same quarter last year, according to RTT News. In the third quarter of 2013, Crédit Agricole Group reported revenues of 7.659 billion euros, up 11.5% on the third quarter of 2012. This improvement mainly reflected resilience in the core businesses, particularly in French retail banking and insurance. The 2013 third quarter results reflect good resilience across all of the Group's businesses. Restated for the revaluation of debt issues associated with own credit risk, loan hedges and specific transactions, gross operating income was down 1.2% and pre-tax income was up 2.0% year-on-year in the third quarter of 2013. Crédit Agricole S.A.'s Net income Group share amounted to 728 million euros in the third quarter of 2013. Loss was 2.851 billion euros in the third quarter of 2012.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Surveying works underway in Armenia’s Kirants  Surveying works are underway in the Armenian village of Kirants in the northern Tavush province.Armenia calls for prohibiting threats of attacks on nuclear facilities Armenia has raised the need for a treaty prohibiting attacks on nuclear facilities devoted to peaceful purposes.Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar.Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. |
