Credit Agricole: still modest ratios…

Activity. Like the whole of the financial sector, the title Crédit Agricole benefits from the agitation around the rise in rates. Faced with the surge in inflation, the FED is showing the way by getting ready to increase the cost of money. For now, the ECB in Europe continues to be very accommodating but it could change its tune in the future. By lending to their customers on higher bases, financial establishments are seeing their income increase mechanically… Other factors are currently favoring the banking sector. The vigorous recovery in economic activity is accompanied by a drop in bankruptcies, mergers and acquisitions are numerous, the financial markets are holding up well…