...IDRs Equalised With Parent's: CrTdit Agricole Corporate and Investment Bank's (CACIB) is part of Credit Agricole's (CA, A/Stable) cross-support mechanism according to the French Financial and Monetary Code. Applying our 'Banking Structures Backed by Mutual Support Mechanisms' criteria, Fitch Ratings assigns the same Long-Term and Short-Term IDRs as those assigned to CA but no Viability Rating or Support Rating to entities that benefit from the cross-support mechanism. CA's Commitment to Support: Credit Agricole S.A. (CA S.A., A/Stable), CA's listed central body, is responsible for ensuring that CACIB meets liquidity and solvency requirements at any time, according to the French Financial and Monetary Code. The central body has access to the resources of all group entities that are part of the cross-support mechanism to do this. Strong Integration With CA: CACIB is very integrated into CA as its strategy, management, risk policies, internal control and IT systems are aligned with CA's. In...
