Creditreform Rating has set the rating of all valid bank ratings and bank issues to watch negative due to the currently not assessable impact of the Corona Crisis. Not affected by this rating action are government related banks. We refer to the free available Monitoring Report for a more detailed explanation.
Creditreform Rating has affirmed the rating of Crédit Agricole SA (Group) at A. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 Capital at BB+ and the rating of Tier 2 Capital at BBB-. The rating of Preferred Senior Unsecured Debt (after reclassification from Senior Unsecured Debt) was affirmed at A. Moreover, the rating of Non-Preferred Senior Unsecured Debt was set to A-.
Creditreform Rating has affirmed the rating of Crédit Agricole S.A. of A. The outlook is stable. In addition, Creditreform Rating has affirmed the rating of Additional Tier 1 of BB+, the rating of Tier 2 of BBB- and the rating of the Senior Unsecured of A.
Creditreform Rating has carried out an unsolicited bank rating of Crédit Agricole S.A.