UAH 1 billion of car loans – new record of Credit Agricole Bank

Credit Agricole Bank celebrates its first car lending record in this year. In less than 5 months of 2019, the bank issued UAH 1 billion of car loans. Last year, the same amount of issued car loans was reached only in mid-June.

«Every year Credit Agricole increases the pace of issuing car loans. This time we achieved the record amount of UAH 1 billion a month earlier! Since the beginning of the year, we have already financed twice as many car deals as our closest competitor. This indicates that the number of our clients increases. They trust Credit Agricole and see the bank as a reliable financial partner. In return we offer our customers transparent and competitive terms of lending. So the number of satisfied car owners among bank’s customers exceeded 50 thousand, and we are pleased to help them realizing their dreams!», - Roman Bunich, Head of Long & Alternative Channels Development Department of Credit Agricole Bank, says.    

It’s almost 12 years since Credit Agricole Bank started developing car lending programs in Ukraine through building partnerships with leading car dealers and producers. Since then, the bank managed to become a leader in the segment and achieved a 40% share of the new car lending market in Ukraine. The Bank offers its customers comfortable service and wide partnership network with more than 350 car dealerships all over Ukraine.

The bank’s top positions are confirmed with its awards: for the fourth year in a row, Credit Agricole is recognized as №1 bank in the category “Car Loans” of “50 Leading Banks of Ukraine” rating by “Financial Club” agency. It is worth mentioning that Credit Agricole is the only bank in Ukraine that holds ISO 9001:2015 certificate in Car Loans. This document assures the transparency of the service for customers.   

About Credit Agricole: 

JSC «Credit Agricole Bank» is a modern universal bank owned by the leading financial group in Europe – Credit Agricole Group (France). The Group is a major partner of the French economy and one of the largest banking groups in Europe. It is a leading retail bank in Europe, having the largest portfolio of assets under management, being first in the field of ban insurance and third - in project financing in Europe. Credit Agricole has been operating in the financial market of Ukraine since 1993 and renders the entire range of banking services to private individuals, including premium-clients, and business. The bank pays special attention to cooperation with agricultural enterprises. Reliability and business reputation of Credit Agricole in Ukraine is confirmed by the highest possible FITCH ratings, leading positions in bank sustainability, bank deposit reliability and bank profitability rankings, as well as by 300 000 active private and 18 000 corporate customers, including international corporations, large Ukrainian companies and representatives of small and medium business. Credit Agricole Bank is a socially responsible bank that confirms its status by the large number of projects implemented under the Corporate Social Responsibility program «We Care!». 

Contacts: 

PR and corporate communications division of Credit Agricole Bank. 

E-mail: Communications@credit-agricole.ua