Crédit Agricole, one of Europe’s largest banking groups, has unveiled an ambitious roadmap outlining its financial and strategic goals through 2028. The new plan places significant emphasis on stronger profitability, expanding capital buffers, and boosting revenues across its retail, corporate, and asset management divisions.
The French lender said its new targets reflect a more challenging global economic environment, with higher funding costs, slower growth, and rising regulatory expectations. Despite these headwinds, the bank aims to deliver consistent profit expansion and reinforce its position as one of Europe’s most resilient financial institutions.
A central focus of the 2028 plan is profitability. Crédit Agricole is targeting a group net income of €8 billion by 2028, significantly above current levels. This growth will be supported by efforts to deepen customer relationships, improve efficiency across its European retail operations, and strengthen its position in corporate lending. The bank also expects steady income growth from its insurance and asset management subsidiaries, which remain major contributors to the group’s earnings.
Crédit Agricole also highlighted plans to increase its Common Equity Tier 1 (CET1) ratio—an important measure of financial strength—to 12.1% by 2028. This would provide the bank with an enhanced buffer against market or credit risks, while supporting further investment and potential acquisitions over the next several years. Management emphasized that maintaining a robust capital position remains essential as European banks navigate regulatory changes and economic uncertainty.
Crédit Agricole also plans to increase its environmental and social commitments. The bank reaffirmed its intention to support climate-transition financing and expand sustainable lending initiatives. It aims to grow its portfolio of green loans and investments, aligning its business with European climate goals and rising customer demand for responsible banking solutions.
Growth outside France will remain another key element of the 2028 plan. Crédit Agricole intends to broaden its presence in strategic international markets, particularly in Italy and other parts of Western Europe. The bank views these regions as opportunities for expanding corporate lending, wealth management services, and consumer finance offerings.
Investors and analysts are expected to watch closely how the bank executes these targets over the next three years. European banks are facing declining economic forecasts, slower loan demand, and rising competition from digital platforms.
The roadmap sets a high bar, but the group says it is well-prepared to meet it through disciplined financial management and continued investment in customer-focused services.
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