UANI

Credit Agricole is the largest retail bank in France and one of the largest in Europe, with 13,000 employees and 2.75 billion euros in net income (Company Report).

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Credit Agricole notes that it "is present in Iran through a representative office which has a role of liasing and informing" (Company Website). 

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"French banks BNP Paribas (BNP) and Credit Agricole are conducting internal inquiries into U.S. dollar payments to check whether they are potentially in breach of American sanctions, the banks said on Monday... Credit Agricole, which used similar wording in its own annual report, is also reviewing payments linked to countries and entities potentially subject to U.S. sanctions, a spokeswoman said. 'The review is ongoing,' she said." (Reuters, "French banks investigate potential breach of U.S. sanctions," 8/27/12)