Clear market leader in domestic retail banking. Average risk profile. Diversified business profile and income sources. Voluntary plan to adapt to upcoming stricter liquidity and capital regulations. Highly systemically important in France, which we classify as a supportive country under our methodology Still moderate capitalization. Challenge to turn around poorly performing Greek subsidiary Emporiki. Deteriorating operating environment and more difficult market conditions for funding. Sizable corporate lending book that carries greater credit risk under current economic conditions. The ratings on French bank Crédit Agricole S.A. (CASA) and related entities reflect Standard&Poor's Ratings Services' view of the creditworthiness of the larger Crédit Agricole cooperative group (GCA). This consists primarily of the regional banks known as the Caisses Régionales de
