Credit Agricole Sells Albanian Unit
May 13 2015 - 4:16AM
Dow Jones News
By Inti Landauro
PARIS--Credit Agricole SA (ACA.FR), France's second-largest
listed bank by assets, said Wednesday it agreed to sell its
Albanian unit to the local unit of NCH Capital Inc. for an
undisclosed amount.
The French bank said the sale won't have any significant impact
on its solvency ratios.
Over the past few years, Credit Agricole has sold assets in
several Central, Eastern and Southern European countries as it
redeploys its activities.
Write to Inti Landauro at inti.landauro@wsj.com
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