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Credit Agricole Bank wins “Financial Oscar” in the nomination “Best bank for agrarians”

01 November 2017

Credit Agricole Bank became the winner of the “Financial Oscar” rating by “Business” magazine in the nomination «Best bank for agrarians». It should be mentioned, that Credit Agricole Ukraine has been given this award for several times in a row and this time the bank has got the maximum score – 10 points out of 10 possible.

Larysa Bondarieva, Board Member of Credit Agricole Bank, commented«Today, agricultural sector is the key driver of Ukrainian economy. And for the last 8 year Credit Agricole has been serving as a driver for agribusiness itself, proving the reputation of a sustainable financial partner for this segment. Over all these years, we have been a reliable “shoulder” for farmers, supporting the development of their business. Significant achievements of the bank in this segment are caused by the best synergy between business lines (MNCs, Corporate, SME) and Agro Business Support Department. We are really proud of being awarded once again. The recognition of the market serves us as motivation for doing our best and striving to better results in favor of our customers». 

The bank actively finances the agrosector thus contributing to the development of the country's economy. For instance, the amount agri-agro business financing starting from the beginning 2017 reached 320 million euros. Especially active growth – more than twice increase since December 20016- is observed in SME agribusinesses segment.

According to the research of GFK-Ukraine agency survey, Credit Agricole Ukraine received customer recommendation index (CRI) of 68% in agrosector, the highest one on the market. Key factor of customer satisfaction is a fast response to their requirements and high-quality services. In order to achieve that, Credit Agricole Bank actively develops new products, introduces innovative offers and tools for agro-clients. Credit Agricole Bank managed to achieve such substantive result and a steadfast stance by virtue of its weighted comprehensive approach to cooperation with agricultural sector.

It should be mentioned that Credit Agricole Bank was also recognized as one of the leaders (TOP-5) in the nomination “Driver in consumer financing” within the “Financial Oscar” rating. This award follows the significant results of the bank in financing private individuals. Credit Agricole Bank succeeded in significantly expanding its portfolio of consumer loans and has just recently achieved the record in granting "Svoboda" cash loans in the amount of 650 million UAH this year.

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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