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Credit Agricole Winds Down Hungarian Operation, Napi Reports

Feb. 20 (Bloomberg) -- Credit Agricole SA, France’s second-largest bank by assets, is winding down its operation in Hungary as part of previously announced job cuts, Napi Gazdasag reported, citing the company’s press office.

The bank is cutting about 60 jobs in Hungary, the Budapest-based business newspaper reported.

To contact the reporter on this story: Zoltan Simon in Budapest at zsimon@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net

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