PARIS -French financial institution Credit score Agricole stated its complete publicity to Russia and Ukraine amounted to six.7 billion euros ($7.28 billion) and stated any influence from the battle and sanctions wouldn't influence its dividend.
“The analysis of the scenario has no penalties upon the distribution of the 2021 Credit score Agricole S.A. dividend that will likely be submitted to the shareholders assembly on March 24,” it stated in a press release, saying its publicity was of “restricted measurement”.
Credit score Agricole stated complete publicity in Russia and Ukraine represented roughly 0.6% of its complete industrial lending portfolio as of Dec. 31, 2021.
($1 = 0.9206 euros)
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