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Credit Agricole Bank and Summit-Agro Ukraine have entered into agreement on partnership program

22 May 2017

Credit Agricole Bank has entered into agreement with Summit-Agro Ukraine which is a company specializing in wholesale of the crop-protection agents.

The agreement stipulates a special partnership program according to which Credit Agricole Bank enables purchase of goods produced by Summit-Agro Ukraine on conditions that are favorable for a customer, namely deferral of payment for goods and special discount policy. Discount from Summit-Agro Ukraine can be up to 6% when paying with a bill avalized by Credit Agricole Bank or with a security bond.

With this program, a producer has a possibility to get the funding from Credit Agricole Bank at a cost that is lower than banking or commodity loan cost, as well as manage the risk of goods price change due to currency fluctuations and inflation.

To become a participant of the program it is necessary to address the official distributor of Summit-Agro Ukraine or the nearest branch of Credit Agricole Bank.

About Summit-Agro Ukraine

LLC Summit-Agro Ukraine was established in 1999 by Sumitomo Corporation (Japan). The company is part of the Sumi Agro Europe group of companies.

The core operations of the company include wholesale of the crop-protection agents produced by leading Japanese and European manufacturers. Summit-Agro Ukraine does not just create crop-protection agentsbut also provides Ukrainian farmers with complex protection technologies of the main crops, such as turnipwheatsoybeansunflowerorchards, vineries, etc.

By synthesizing European expertise and traditionally high Japanese quality, as well as by adapting international recommendations to Ukrainian realitySummit-Agro Ukraine offers modern technological solutionscurrent information and qualified technical support to Ukrainian agricultural producers.

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 460 000 private and 26 000 corporate customers, including representatives of small and medium business, large Ukrainian companies and international corporations. 

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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