Credit Agricole Ukraine financial results for the first 9 months of 2025

Credit Agricole Ukraine maintains stable results, supported by consistent growth in commercial activity.

Macroeconomic Environment

The National Bank of Ukraine kept the key rate unchanged at 15.5% in October 2025, despite market expectations for a gradual reduction by year-end. The regulator postponed rate cuts due to attacks on energy infrastructure and ongoing uncertainty in budget financing. Annual inflation decreased to 11.9% in September, signaling a slowdown in price growth compared to previous months. Year-end inflation is forecasted at 9.2%. International reserves and the FX market remain stable.

Commercial Activity Development

Credit Agricole’s loan portfolio is steadily growing throughout the year, reaching UAH 32 billion as of September 2025, reflecting the growth both in Corporate (+14%) and in Proximity (+18%) businesses.

Bank constantly improves its financing programs, for example for small farmers (agricultural companies up to 500 hectares). A particular pilot was launched in Poltava and Kirovohrad regions, offering special products and quick credit solutions with a simplified package of documents.

Continuing cooperation with international financial institutions, within the framework of a new agreement with the EBRD designed for large corporate clients, the first loan was granted to one of the agricultural companies in eastern Ukraine.

Credit Agricole develops its financial leasing services, including financing of agro machinery and other equipment in foreign currency. More precisely, since the start of FX leasing offer in July 2025, USD 5,3 million of new loans were issued.

In 2025 Credit Agricole continues supporting energy independence and efficiency, as well as sustainable development and promotion of ESG strategy. According to this, an ESG questionnaire for agricultural clients was conducted, to help Ukrainian agricultural companies achieve international production standards by saving energy, resources, and reducing carbon emissions. At the center of all initiatives is the bank's team, which has a deep understanding of the characteristics of agricultural production, trends in the development of agribusiness, ESG standards and sustainable development practices.

Bank continues keeping a leading position in the car lending market, holding 25% market share in Ukraine. For 9 months 2025 UAH 2,8 billion of new car loans were issued (+12% vs same period last year).

Cash Loans lending to private individuals revived in 2025 and is actively growing as well. New loans production stood at almost UAH 300 million loans for 9 months 2025. In addition, Credit Agricole offers cash loans for special needs, such as used car purchases and education financing.

In line with the digital strategy, Credit Agricole Ukraine continues developing the digital channels. New clients number attracted through on-line onboarding is increasing and further digital offers is about to come by the end of the year, including digital card loan. In addition, Bank has joined the National Bank of Ukraine's "Instant Transfers" initiative, which allows transfers using IBAN within 10 seconds.

Deposit base remains stable at UAH 97,6 billion, assuring a solid background for further commercial portfolio development and providing a solid foundation for financing the real economy.

For the third time in a row, the Bank has been ranked first place in the rating of reliability of bank deposits by Standard-Rating version published on September 2, 2025.

At the end of Q3 2025 Bank has a strong capital position with CET1/Tier 1 ratios at 20.6%, a solvency ratio of 20.8%, LR of 8.44% much above the regulatory minimums. Liquidity remains at a high level, both in hryvnia and in foreign currency resulting in LCR at the level of 576% and NSFR at the level of 278% against 100% of the regulatory requirement.

Social and Human Capital Initiatives

Credit Agricole is actively working on introducing barrier-free access in its branches. The bank is currently continuing a large-scale inclusivity project, the goal of which is to introduce high accessibility standards not only to branches, but also to cash transactions and ATMs.

As part of the human capital development program, Credit Agricole Ukraine signed a memorandum of partnership with the Kyiv School of Economics. The cooperation involves supporting educational initiatives, developing student potential, and joint career opportunities for young people.

In the fall, the bank implemented two large-scale charity projects. Credit Agricole Group Foundation has allocated UAH 8 million to support the “House of Butterflies” unique space, the largest free children’s hospice in Ukraine.

At the end of September thanks to Crédit Agricole Nord de France, the bank implemented the third stage of charity project for the Kyiv Regional Perinatal Center: we purchased an ultrasound diagnostic device worth UAH 4.8 million. Thereby charitable support for the Center has reached UAH 50 million since the beginning of the full-scale war.

Since the beginning of the war, the bank has amplified its social stance: UAH 190 million – that’s how much Credit Agricole has already allocated to various charity projects.

Financial Performance

Net Banking Income is UAH 6.5 billion, down 8% YoY, reflecting a continuing change of Bank portfolio towards increasing of commercial part

Operating expenses at UAH 2.3 billion (+17% YoY), driven by staff costs, inflation, and investments in IT and IT security to maintain high operational standards and business continuity

Cost-to-Income ratio at 35% remains on a very low level

Cost of risk decreased to UAH 0.9 billion YoY, despite higher loan production, due to improved ratings in the existing portfolio

As a result, Net financial result stood at UAH 3.6 billion

Annex 1 Summary Income Statement*
(UAH million)

Annex 2
(UAH million)

* Credit Agricole Bank’s Interim Financial Statements are elaborated according to IFRS. Additionally, the detailed quarterly financial statements will be published on the bank's website.