Credit Agricole is among the leaders by increasing of lending to the economy in Q3 2021

Credit Agricole is number two among the banks by legal entity loan portfolio increasing according to the data of the National Bank of Ukraine for the 3^rd quarter 2021. The amount of loans granted to legal entities in July-September 2021 increased by 8.5 BUAH or 38%. The increase was observed in all customer segments: large corporate business, small and medium-size business.  

Thanks to the wide range of finance products, Credit Agricole supported agrarians. The bank increased their working capital and performed investment finance, in particular, into the machinery fleet upgrading. Credit Agricole continues to be the active participant of the government program “Affordable Loans 5-7-9%” to help small and medium-size business.  

“In the conditions of market turbulence, we support our clients and the Ukrainian economy. This is one of the key focuses of Credit Agricole stated in the bank’s AIR 2025 strategy. Continuous finance is an important element for successful development of our clients. We launch new products, such as blank loans for small and medium businesses, enter into new partnerships, and improve the existing programs. We support business community and develop the entrepreneurship spirit in our team”, Alexandre Tchesnakoff, Deputy Board member in charge of corporate business and agri-agro at Credit Agricole Bank, comments. 

At the beginning of 2021, Credit Agricole won in the nominations “Corporate bank” and “Saving bank for business” of the “Banks 2021” rating in the category of large banks with foreign capital. The bank demonstrated the highest absolute increase of UAH loans and UAH accounts of legal entities for January-November 2020.

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:

Viktoriia Torianyk, Head of PR and internal communications division of Credit Agricole Bank.

E-mail: Viktoriia.TORIANYK@credit-agricole.ua