CREDIT AGRICOLE SA: Crédit Agricole now stands at 29.3% of Banco BPM’s share capital

Crédit Agricole has increased its ownership stake in Banco BPM to 29.3% through market purchases and derivative instruments, crossing the 25% threshold. The French bank views this as a long-term investment consistent with its strategy and highlights the strength of their industrial partnerships in consumer finance and insurance. The stake acquisition is expected to impact Crédit Agricole's CET 1 ratio by approximately -35 basis points.