This distribution is part of the exceptional dividend policy, which aims to offset the effect on Crédit Agricole S.A.’s CET1 of the implementation of the new IFRS17 accounting standard, scheduled for 1st January 2023.
Pro-forma of this distribution, Crédit Agricole Assurances’ solvency ratio at 31 March 2022 is 253%.
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Press release on the distribution of an exceptional dividend of two billion euros - June 2022
24 June 2022