Record earnings for Crédit Mutuel Arkéa in 2016, confirming the effectiveness of its business model

News

15 March 2017

The Board of Directors of Crédit Mutuel Arkéa, meeting in Brest under the Chairmanship of Jean-Pierre Denis, has approved the 2016 financial statements. In a difficult economic environment and while undergoing a profound transformation, Crédit Mutuel Arkéa achieved record earnings. Its strong commercial and financial performance reflects the effectiveness of the particularly original and audacious strategy implemented by the Group since 2008 and confirms its intrinsic financial strength. Its business diversification has clearly borne fruit and provides a solid basis for facing, with determination, the future and the challenges of the transformation underway in the banking sector.

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