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Credit Agricole entered into the agreement with “Naftobusiness Contract” company and thus, extended the list of partnership programs of working capital lending for agroclients of the bank. Naftobusiness Contract belongs to the group of companies “Nadezhda”, one of the largest suppliers of liquefied gas in Ukraine, as well as a powerful supplier of oil products. The group manages the retail chain BVS represented by fuel stations, oil bases, and gas-filling stations all over Ukraine.
As part of the partnership program, agroclients of Credit Agricole can get a loan for purchase of fuel and lubricating materials on favorable conditions.
“For more than 10 years, Credit Agricole has been a strategic partner for agricompanies. We monitor the needs of agribusiness on an ongoing basis, and even in such challenging times expand the opportunities for our agroclients, in particular, through new partnership finance programs. There is a high demand for such programs as they offer more favorable conditions that the standard finance. We are convinced that the new partnership program with Naftobusiness Contract will fully satisfy the need of our customers in high-quality fuel”, Natalia Porvina, Head of Agribusiness Support Department of Credit Agricole Bank, comments.
Credit Agricole’s portfolio currently contains more than 30 partnership programs. As part of its partnership programs, the offers finance not only for purchase of seeds, crop protection agents, fertilizers, fuel and lubricating materials, but also agricultural machinery and equipment. Overall, Credit Agricole has a wide range of finance products that satisfy all needs of agrarian clients: working capital finance, bill avalization, bank guarantees, and investment finance. The bank ensures unique approach that combines agro expertise and financial assessment of companies to each business.
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!”.
Viktoriia Torianyk, Head of PR and internal communications division of Credit Agricole Bank.