2024 Financial Report of Crédit Agricole Anjou Maine

In 2024, Crédit Agricole Anjou Maine successfully navigated a complex economic environment. Inflation declined in Europe, allowing the ECB to cut its key interest rates in June. However, the economic situation remained sluggish, negatively impacting credit demand, with a decline of 8.5%. Total outstanding credit remained stable at €19.7 billion.

Despite this climate, inflows increased by +2.2% thanks to attractive savings rates. Net banking income increased by +2.4%, reaching €423 million. Operating expenses also increased by +2.6%, reaching €280.8 million, reflecting investments in training and digital technology.

At the end of the year, net profit increased slightly by +0.1%, totaling €95 million. The Board of Directors is proposing a dividend of €2.06 per share for approval at the next General Meeting.