Credit Agricole Bank is one of TOP-3 best agrarian banks according to results of “Financial Oscar” rating by Business magazine

Credit Agricole Bank was marked among TOP-3 in the “Agrarian Bank” nomination according to results of “Financial Oscar” rating by “Business” magazine. Credit Agricole was rewarded for its achievements in lending and serving agrarians. 

“We thank the market experts for recognition of Credit Agricole among three best agrarian banks of Ukraine. We will continue to develop the agrarian sector since we believe in its high potential. In cooperation with its customers, Credit Agricole provides more than classic high-quality banking. We aim at being a true partner and bringing added value for our customers. Thus, we know and understand their businesses, study their needs, and help them implement their projects. Experience and expertise of our professionals combined with unique knowledge of Credit Agricole Group create opportunities for common development”,   Larysa Bondarieva, Deputy CEO in charge of Corporate, SME and Agri-Agro of Credit Agricole Bank, comments.    

It is important to note that Credit Agricole has been among the best banks for agribusiness according to “Business” magazine for the fourth year in a row. Its Client Recommendation Index (CRI) by agro-sector customers is 68%, which is the highest indicator in the market (according to GFK-Ukraine 2018).       

“Financial Oscar” rating has been held by “Business” magazine for more than 23 years. The winners are chosen in two steps.       

At the first stage, the editorial board chooses candidates on the basis of performance indicators of financial institutions, dynamics of their development and actions in the market in the past year. A short-list of TOP-10 candidates is selected in each nomination.

At the second stage, the final evaluation of nominees is made through open voting of “Business” magazine readers: financial market experts, representatives of banking, insurance and stock-market communities, profile professional organizations and regulatory authorities, as well as managers of companies and corporate clients of the financial market.

Voting for nominees is held on the business.ua website during a month, and then the editorial board counts the votes. On the basis of the obtained results, the winners in various nominations are determined.  

Credit Agricole: 

JSC «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