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Credit Agricole: takes steps to ease impact of coronavirus

(CercleFinance.com) - The banking group Credit Agricole has announced targeted measures to support its corporate and business clients, whose activity could be impacted by coronavirus.


These measures seek solutions that are adapted to their cash needs.

These measures give clients the possibility of postponing credit repayments for up to 6 months, setting up an accelerated credit agreement procedure in under 5 days for the most urgent situations, cancelling penalties and the additional costs of postponements and customer credit, accelerating the procedures for handling claims of insured customers, the bank said.

The bank aims to accompany its clients, helping them cope with adversity, thereby demonstrating its usefulness and purpose. This means acting every day for the benefit of all parties involved.


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