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Credit Agricole Bank is among TOP-3 most reliable financial institutions according to Dragon Capital and “Novoie Vriemia” rating

28 November 2017

Credit Agricole Bank was recognized as one of TOP-3 most reliable financial institutions according to the rating created by “Novoie Vriemia” media together with Dragon Capital Investment Company.

The ranking determined by Dragon Capital was based on the total score that the banks received in terms of the following indicators: capital adequacy, liquidity, trust of depositors, support of shareholders, bank’s profitability, assets quality, and qualitative indicators.

Jean-Paul Piotrowski, CEO of Credit Agricole Bank, commented: «Recognition of the market experts and the fact that they are like-minded regarding the high evaluation of Credit Agricole Bank’s performance is important for us. Indeed Credit Agricole Bank is a reliable, efficient and one of the most profitable banks in Ukraine. Being a highly-reputable bank with a stable positive results, even in crisis times, is a matter of many factors: we gained this due to prudent long-term strategy, universal client-oriented business model, reasonable risk policy, balanced income structure, one of the best cost/income ratios on the market, strong synergy within the bank and at the Group level, high-quality service and professional expertise. On top of that is the great and motivated team of Credit Agricole. Our people are the main key to success contributing their knowledge, experience and enthusiasm to the joint CAU’s results. I am proud and grateful to every one of them». 

It should be mentioned, that reliability of Credit Agricole Bank has been repeatedly confirmed by international and national ratings. In particular, for the second consecutive year, Credit Agricole Bank receives the highest possible Fitch rating in Ukraine (AAA long-term rating, stable outlook; long-term issuer default stability rating (IDR) in B foreign currency, stable outlook).

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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