Credit Agricole Bank entered the TOP-3 of the most sustainable banks in Ukraine in the rating by the «Minfin» portal based on the results of the 4th quarter of 2017. The bank took first place according to market experts’ estimates, and ranked third in the Stress Resistance category.
The rating of banks’ sustainability by the «Minfin» portal represents a quarterly assessment of banks’ operation based on the information from official and open sources. The banks of the first three groups according to the NBU classification as well as small banks with retail deposit portfolios starting from 1 billion UAH participated in the rating.
When drawing up the rating, «Minfin» takes into account banks’ stress resistance indicator composed of several factors:
- dependence on PI deposits;
- quality of funding;
- capital adequacy;
- scope of operation.
Financial institutions receive scores from 1 to 5 depending on the indicators representing their stress resistance and loyalty of depositors: asset quality, liquidity, potential external support, deposit increase, payment reputation, etc. are taken into account. The rating used the official reporting data of banks as of 7 March 2018.
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 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.
Viktoriia Torianyk, Head of PR and corporate communications Credit Agricole Bank.
Phone: +38 044 581 07 45, e-mail: Viktoriia.Torianyk@credit-agricole.ua