Financial Results of Credit Agricole Ukraine for 2025

In 2025, Credit Agricole Ukraine reaffirmed its role as a strategic partner for the Ukrainian economy, demonstrating exceptional resilience and a proactive approach to the country's recovery. By aligning with the AIR (Aim is to Invest in Recovery) strategy, the bank achieved noticeable commercial growth while maintaining a solid capital position and providing ongoing support to customers and society.

Macroeconomic Resilience and Stability

Despite the war, macroeconomic imbalances are well managed. Throughout 2025, the National Bank of Ukraine (NBU) maintained a cautious policy, keeping the key interest rate at 15.5% until the end of the year. Annual inflation showed signs of stabilization, decreasing to 8.0% in December 2025.

In this context, the bank maintained a strong capital and liquidity position at the end of 2025:

• Strong capital position with CET1/Tier 1 ratios at 18.4%, a solvency ratio of 18.5%, Leverage ratio of 7.87%, which is well above the regulatory minimums;
• Liquidity remained at a high level, both in hryvnia and in foreign currency resulting in an LCR of 412% and an NSFR of 251%, well above the regulatory requirement of 100%.

Additionally, in November 2025, the "Standard-Rating" agency confirmed a uaAAA credit rating and ranked Credit Agricole as the No. 1 bank for deposit reliability for the third consecutive period.

Noticeable Commercial Growth

The year was marked by a decisive shift toward financing the real economy, with the gross loan portfolio reaching UAH 38.5 billion by the end of the year:

• Loans to customers grew by 37% year-on-year, including growth in key markets like agribusiness, car lending and the bank’s contribution to the energy sector’s recovery;
• In December 2025, the bank signed a new guarantee agreement with the EBRD for EUR 150 million, expanding its capabilities to support critical industries and energy security. The total facility volume with IFIs (International financial institutions) reached EUR 390 million;
• The bank maintained second place in the car lending market with a market share of 23%, issuing UAH 4 billion in new loans in 2025 (+22% over the year). The bank is investing in its processes and partner solutions, and in 2025, it launched a new product, used car financing;
• In agribusiness the bank launched specialized credit solutions for small farmers and introduced FX leasing for machinery and equipment;
• In addition, Credit Agricole was recognized as the best bank in automotive lending, as well as the best bank for agricultural lending, based on 2025 results by FinClub;
• In 2025, Credit Agricole revived consumer lending for Proximity clients. For example, cash loan production for individuals exceeded UAH 400 million. Beyond standard consumer needs, the bank offered targeted solutions for purchasing used car and financing education. In line with the bank's digital strategy, the Digital credit card product was introduced to clients at the end of the year;
• Credit Agricole consistently supports the development of the Ukrainian IT community and participates in the industry’s most important events. At the last annual event organized by Diia.City Union, the bank received the "Technology Industry Partner" award in recognition of its efforts in developing the IT community and supporting the technology industry.

Strategic Transformation and Operational Excellence

In the medium term, the bank will continue to implement its AIR (Aim to Invest in Recovery) strategy as a part of Crédit Agricole Group’s medium-term global plan ACT 2028.

The bank's core strategic development pillars remain focused on:

Agri-Agro: Market leader in supporting the transition of agribusiness toward sustainable practices, and addressing the needs of the entire value chain – from agricultural producers to points of sale, and importers and exporters of agricultural products;

Automotive: Ambition to maintain leadership in the market by integrating the entire automotive value chain, from corporate to retail clients, under one roof;

IT Clients: To become a key market player for IT professionals, specifically through synergistic cooperation with IT companies.

The bank is expanding its investments in IT infrastructure and IT development. In 2025, total expenses amounted to nearly UAH 500 million, creating a solid foundation for stability and further development in accordance with the strategic plan. For example, the bank launched a new CORPEX mobile application for corporate customers, allowing users to manage their business finances in their smartphones.

Credit Agricole adheres to the international Group’s policy on information security and strives to act in accordance with international best practices and standards, having obtained ISO/IEC 27001:2022 certification. This achievement is an important step  in strengthening the confidence of customers, partners, and regulatory authorities regarding the reliability and security of our banking services.

Social Impact and Human Capital

Since the start of the full-scale invasion, Credit Agricole has allocated UAH 190 million for social and charitable initiatives as part of the “We Care!” program. In particular, in Q4 2025:

• UAH 8 million in aid for the "House of Butterflies" children's hospice;
• Completed the 3^rd stage of the UAH 50 million support cycle for the Kyiv Regional Perinatal Center;
• Donated medical equipment worth almost UAH 3 million for regional hospitals, including Kryvyi Rih Municipal Children’s Hospital and Uman Central City Hospital.

The bank’s commitment to its staff was recognized with the HR Pro Award for "Well-being and Health" and the EFMD Global Silver Award for its "Managerial School".

Credit Agricole contributes to projects that demonstrate the resilience and unity of Ukrainians during challenging times of war. The bank supported the publication of the book “In the Heart of Ukrainian Resilience” by the Franco-Ukrainian Chamber of Commerce and Industry, a collection of 14 stories from French and Ukrainian business representatives  who chose to stay and continue working in Ukraine after February 24, 2022. Among the participants in the project are two employees of Credit Agricole who shared their stories of life and work in wartime.

Financial Performance

According to the 2025 results, the bank demonstrated high efficiency and stability:

• Net Banking Income is UAH 8.8 billion, which is in line with 2024 and also reflects a shift in the bank’s portfolio towards an increased proportion of commercial assets;
• Operating expenses at UAH 3.2 billion (+19% YoY), driven by staff costs, inflation, and investments in IT and IT security to maintain high operational standards and business continuity in a war context. The underlying growth in operating expenses, excluding one-off costs, was around 15%;
• Cost-to-Income ratio remains at a very low level of 36%;
• Positive Cost of Risk totaled to UAH 1.2 billion due to improved ratings in the existing portfolio and the production of new, healthy loans;
• As a result, Net Financial Result reached UAH 5.2 billion, supported by the positive cost of risk and a lower tax rate than in 2024.

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.