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Crédit Agricole: provides 28% of state-guaranteed loans

(CercleFinance.com) - To date, Crédit Agricole has provided 28% of all loans provided under the state-guaranteed lending scheme (PGE).


Since the introduction of State guaranteed loans (figures as at 10 June), 167,509 loans have been requested by clients of Crédit Agricole Regional banks, LCL and Crédit Agriculture CIB, for a total of 26.6 billion euros.

Since the beginning of March 2020, Crédit Agricole has granted up to 557,320 repayment holidays on loans across all markets, with payment deferrals totalling 4.2 billion euros, including 345,250 for business, professional customers and farmers, representing 3.6 billion euros.


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