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Credit Agricole Bank received the third "Financial Oscar" in a row as the best agrarian bank according to the "Business" magazine rating

18 April 2018

For the third consecutive year, Credit Agricole Bank gets the highest award as the best agrarian bank in the «Financial Oscar» rating by «Business» magazine. According to the rating, the bank is one of TOP-5 financial institutions in the «SME Backbone» nomination.

«For the third year in a row, Credit Agricole Bank gets its «Financial Oscar» as the best agrarian bank. This award confirms yet again the correctness of our development strategy. The confidence our customers put in the bank is confirmed by the highest Customer Recommendation Index (CRI) in the agricultural sector in Ukraine (68%). We are focusing on the development of this industry, because we see the high potential of agriculture in Ukraine which requires investment. Credit Agricole Bank will continue improvement of agrarian sector thus contributing to strengthening the position of Ukraine in the international agri arena. We are happy to have one more «Financial Oscar» award in our collection. This year we are celebrating our 25th anniversary in Ukraine. All of our awards confirm that for a quarter of a century Credit Agricole Bank has been supporting the economy of Ukraine by investing in business development and financing the dreams of Ukrainians», – Larysa Bondarieva, Board Member of Credit Agricole Bank in charge of corporate, SME and agri-agro, commented.

Credit Agricole Bank's high positions in the agricultural sector are confirmed by a number of awards. The Customer Recommendation Index (CRI) reaches 68%, which is the highest indicator in the market (according to GFK-Ukraine).

In the previous year, Credit Agricole Bank obtained the following awards from «Business» magazine.

«Financial Oscar»:

  • TOP-3 «Most Professional Bank»
  • «The best agrarian bank» (April and November 2017)

«The Best Bank for SME»:

  • TOP-3 «The best bank for SME»
  • TOP-3 «The best product for SME»

«Business» magazine has been identifying the best representatives of the banking, insurance and investment markets of Ukraine for more than 20 years. This year, the winners' selection was traditionally split in two phases. In the first stage, the editorial office selected the nominees based on financial indicators of banks, insurance and investment companies, their performance and also taking into account notable actions and agreements of financial institutions in the past year. In each nomination the finalists in the competition were short-listed. In the second stage, the readers of the magazine had to say their final word. For a month, open vote was available on the magazine’s web-site business.ua, and anyone willing could vote for a bank or an insurance company, based on their own experience and knowledge of the financial market. The «Business» magazine’s readership includes business owners, companies’ executives, financial experts, bankers and insurers and, broadly, people who have competency in financial sector issues.

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 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:

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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