Crédit Agricole, France's third-largest bank by market capitalisation, on Thursday reported a better-than-expected 89% jump in second-quarter net profit, bolstered by retail banking in France and a more-limited hit from weaker markets on its investment banking unit.

Net profit for the quarter rose to €379m from €201m a year earlier, beating forecasts for net profit of €264m from eight analysts polled by Dow Jones Newswires.