CREDIT AGRICOLE SA: Crédit Agricole Ukraine has signed an agreement to acquire Bank Lviv

Core Viewpoint - Crédit Agricole Ukraine has signed an agreement to acquire up to 100% of the share capital of Bank Lviv, enhancing its position in Western Ukraine and the SME segment [2][3]. Group 1: Acquisition Details - The acquisition of Bank Lviv aligns with Crédit Agricole Ukraine's long-term strategy to support the Ukrainian economy and contribute to the country's reconstruction efforts [3]. - The transaction is subject to regulatory approvals from the National Bank of Ukraine and the Antimonopoly Committee of Ukraine, with a potential completion date by mid-2026 [3]. Group 2: Financial Impact - The acquisition is consistent with Crédit Agricole S.A.'s return on investment criteria, and its impact on Crédit Agricole S.A.'s CET1 ratio is negligible [4]. Group 3: Company Profiles - Crédit Agricole Ukraine is a wholly owned subsidiary of Crédit Agricole S.A., serving 380,000 customers with 137 outlets and 2,200 employees [5]. - Bank Lviv focuses on SMEs, serving over 37,000 retail clients and 8,400 SME clients, including those in the agricultural sector [5].