07:50 AM EST, 11/04/2026 (MT Newswires) -- Fitch Ratings revised Crédit Agricole's (ACA.PA) outlook to negative from stable, while affirming its long-term issuer default rating at AA-, according to a Tuesday release. The move follows the rating agency's Oct. 30 revision of France's long-term issuer default rating outlook to negative from stable and the operating environment trend for French banks to negative. Fitch said the weaker conditions add moderate medium-term downside risks to the French bank's risk profile, profitability, capitalization, funding, and liquidity. Meanwhile, the affirmed ratings reflect Credit Agricole's diversified business model, strong capitalization, and stable profitability, among others.

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