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Emporiki Capital Injection Manageable for Credit Agricole

Wednesday August 29,2012,

Emporiki Capital Injection Manageable for Credit Agricole

Fitch Ratings-London-29 August 2012: Credit Agricole’s EUR2.3bn capital injection into its Greek subsidiary Emporiki, while at the upper end of our expectations, is consistent with the group’s current credit rating. This injection was requested by the Greek banking regulator and provides more clarity over potential future losses, Fitch Ratings says

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