French bank Credit Agricole has reported a 65% drop in third-quarter profits after being hit by losses on Greek sovereign debt.
It said net profit in the three months to September 30 fell to 258m euros ($351m; £220m) from 742m euros in the same period last year.The French bank wrote down its exposure to Greek government debt by 60%, taking a 637m euro charge.
Revenue rose 6.2% to 5.29bn euros from 4.98bn euros a year ago.
Its figures were lifted by the bank's French and international retail banks, but its corporate and investment banking business had a weak quarter.
