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2016: year of growth and profitability!

18 July 2017

Credit Agricole Bank presents the annual report on the results of the bank's activity in 2016.

«For Credit Agricole Ukraine, 2016 will remain the first post-crisis year, both from business and financial standpoints, as the bank recorded a significant growth of its activities and increased its profits considerably», Regis Lefevre, Member of the Management Board, Financial Director of Credit Agricole Bank comments on.

On the pages of the annual report, you can find not only the performance indicators of the bank, but also learn more about global benchmarks, key indicators, achievements of the bank and business lines in particular.

By evaluation of Jean-Paul Piotrowski, the CEO of Credit Agricole Bank, the bank has demonstrated the resilience and adequacy of its business model in posting a very good net profit of UAH 808 M, which is an 83% increase versus 2015, allowing the bank to hold the 4th position among the most profitable banks in 2016. Mr. Piotrowski notes that this result was achieved due to higher revenues confirming good business dynamics, strong monitoring of the expenses and strong improvement of the COR.

The annual report also includes material on the key trends of the Ukrainian economy in 2016 and an outlook for 2017, as well as blocks on the important components for any modern company - compliance and corporate social responsibility.

Please follow the link to learn more.

About Credit Agricole:

PJSC «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 bank 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 VIP 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. 

Contacts:

Viktoriia Torianyk, Head of PR and corporate communications Credit Agricole Bank. 

Phone: +38 044 581 07 45, e-mail: Viktoriia.Torianyk@credit-agricole.ua

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