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Credit Agricole Bank is among TOP-3 most reliable financial institutions according to the rating by Dragon Capital and «Novoie Vriemia» magazine

11 December 2018

Credit Agricole Bank is among the TOP-3 most reliable financial institutions according to the rating composed jointly by the weekly magazine «Novoie Vriemia» and the investment company Dragon Capital. The bank has been recognized among the rating’s leaders for the second year in a row.

The reliability of financial institutions was established by the investment company Dragon Capital, based on the total score that the bank received in terms of the following indicators: capital adequacy, liquidity, depositors’ trust, shareholders’ support, profitability, asset quality, and qualitative indicators (transparency of bank’s activities, balanced risk management, reputation).

«The good name of Credit Agricole Bank is our most valuable asset that for sure influences the success of business. We are grateful for the appreciation of the bank’s performance results as well as for the recognition of experts. This year, the bank celebrated its 25th anniversary in Ukraine. In a quarter of a century, we have transformed from a bank with 100 employees specializing in dealing with international companies to a universal bank that operates throughout the whole territory of Ukraine. All of this was achieved thanks to our agile, united and inspired team. I say «thank you» to each and every employee for their contribution to the development of the bank», - Jean-Paul Piotrowski, Chairman of the Board of Credit Agricole Bank, commented. 

It is worth mentioning that the reliability of Credit Agricole Bank was recognized by local and international ratings a number of times. In particular, Credit Agricole received the highest possible Fitch rating in Ukraine (long-term rating – AAA) for three consecutive years. This rating marks the status of the bank as one of the highest-rated national issuers.

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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