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Credit Agricole Q3 profit beats forecasts on corporate loan growth

Source: Reuters

PARIS, Nov 10 (Reuters) - Credit Agricole SA (CAGR.PA) joined French and European peers in booking higher-than-expected third-quarter profit, driven mainly by corporate loans and consumer finance which more than offset withdrawals at asset manager Amundi and lower trading revenue.Net income came in at 1.35 billion euros ($1.35 billion), down 3.6% from a year earlier but above a 1.17 billion euro average forecast…

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Read the original source at Reuters