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Credit Agricole is the most resilient bank according to the rating by Dragon Capital and «NV» magazine

28 February 2024

Credit Agricole is recognized as the leader of the rating of the most resilient banks by Dragon Capital and «NV» magazine. The bank is traditionally in the TOP 3 of the rating, and according to the 2023 results, it moved up by 2 positions. This year, experts specifically noted the transparent business activity and impeccable reputation of Credit Agricole.

«In 2023, Credit Agricole was included in the list of systemically important banks, which is a key milestone in our growth and an even higher standard of responsibility to the society. Once again, we have confirmed the leading positions in our traditional segments of agrarian and car lending and have offered a comprehensive solution for IT customers. Some numbers to best illustrate our results: net financial results for 2023 equaled UAH 2.8 billion, while the total amount of taxes and contributions paid by our company is UAH 3.3 billion. The key take is that our bank generates profit, which we keep here to reinvest it in Ukraine. In the war times, being recognized as one of the most resilient banks is becoming particularly important, and we work every day to maintain and increase the trust of our customers and society» - Carlos de Cordoue, Chairman of the Management Board of Credit Agricole.

In general, the rating presents 15 financial institutions with the most viable business models, sufficient provisions and high-quality assets. To prepare the rating, the following parameters were taken into account as of the end of 2023: liquidity, capital adequacy, investor confidence, profitability, asset quality, shareholder support (belonging to a reliable business group), quality indicators.

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