Credit Agricole Bank is among TOP-5 most reliable banks according to the rating by Dragon Capital and «Novoie Vriemia» magazine

Credit Agricole Bank is among the TOP-5 most reliable banks according to the rating composed jointly by the weekly magazine «Novoie Vriemia» and the investment company Dragon Capital (according to results of 8 months of 2019). It is important that the bank has been recognized among the rating’s leaders for the third 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, and reputation).

“Credit Agricole Bank treasures its good reputation, since the good name is our most valuable asset that directly 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 Credit Agricole Group presented its new Medium-term Plan 2022. The «Raison d’etre» of our bank – “Working every day in the interests of our customers and society”, underlies this plan. Therefore, we not only aspire to be sustained financial partner for our customers, we also create added value and provide them with confidence in reliability of our cooperation,” commented Jean-Paul Piotrowski, Chairman of the Board of Credit Agricole Bank.

The reliability of Credit Agricole Bank is recognized by local and international ratings. In particular, according to the Fitch International Rating Agency, Credit Agricole received the highest possible Fitch rating in Ukraine (long-term rating – AAA) for four consecutive years. This rating marks the status of the bank as one of the highest-rated national issuers.

About 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 280 000 active private and 17 000 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:

PR and corporate communications division of Credit Agricole Bank.

E-mail: Communications@credit-agricole.uaa