DBRS: Groupe Credit, Credit Agricole unchanged

DBRS said that its ratings of Groupe Credit Agricole and Credit Agricole SA are unchanged following 2012 first quarter results.

DBRS rates the companies' senior long-term debt and deposits at AA (low) and short-term debt and deposits at R-1 (middle).

All long-term ratings have a negative trend.

DBRS said it views Credit Agricole's credit risk as intertwined with Groupe Credit Agricole's and rates them at the same level.

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