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Credit Agricole offers best lending terms to its customers for purchase of seeds from EURALIS/LIDEA

30 March 2021

On occasion of the new sowing campaign season, Credit Agricole expanded its partnership with Euralis Semences Ukraine that belongs to the international French group Euralis and from April 2021 will be presented on the Ukrainian market under the commercial brand LIDEA. As part of the partnership program, agrarian companies get preferential lending terms for purchase of hybrid seeds of corn, sunflower, soybeans, rape and sorgo. The cost of up to 6 months funding is only 1.5% per annum, maximum loan tenor is 12 months. Advantages of the program include no upfront fee and no early repayment fee.  Refer for details to the link.

Credit Agricole Bank satisfies all business needs within the agrarian cycle in a comprehensive and beneficial manner: finances purchase of seeds, crop protection agents, fuels and oils, agricultural machinery and equipment.

About Euralis Semences Ukraine/LIDEA trade mark:

LLC Euralis Semences Ukraine employs 350 people and fully controls the vertically integrated production cycle of seeds: field production, refining and conditioning of seeds at Euralis factory in Cherkassy region, operational marketing and commercialization in Ukraine. Every year, the company launches a broad network of demonstrative and technological tests of their products throughout Ukraine, while its R&D unit tests newly created hybrids and researches their adaptability to the local climate. On September 1, 2020, EURALIS Semences and CAUSSADE Semences Group merged to launch Lidea. As one of the world's 10 largest field seed companies, this new organization aims to gain leadership in some species within the enlarged Europe. The company's updated portfolio includes: corn, sunflower, rapeseed, sorghum, soybeans, cover, fodder, legumes and cereals. Lidea's main task is to create and offer in the vicinity of its ecosystem ways to obtain specialized and sustainable multi-species seeds that will create additional value throughout the year. It is about participating in the development of agricultural practices, supporting farmers in these changes and helping to maintain the profitability of their farms. Learn more about the company here euralis.ua and lidea-seeds.ua

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 bancassurance 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:

Viktoriia Torianyk, head of public relations and internal communications at credit Agricole Bank 

Email: Viktoriia.TORIANYK@credit-agricole.ua

Contact center Credit Agricole
0 800 30 5555 Free