Credit Agricole among TOP-3 most resilient financial institutions during the war in Ukraine

Credit Agricole is recognized among TOP-3 Ukrainian banks that are most resilient to war shocks according to the traditional ranking of financial institutions by the investment company Dragon Capital and the NV magazine. The bank continues to operate stably thus proving the effectiveness of its client-oriented universal banking model.

"This recognition can hardly be overestimated in wartime. Thanks to the ongoing support of the Group, strong capital and liquidity positions, and prudent risk management policy, we once again confirm the status of a reliable financial partner and a socially responsible business. We appreciate the trust of our clients: in 2022, the bank’s deposit portfolio increased by 40%. We continue to invest in the bank’s projects, work every day in the interests of our clients and society, and support the Ukrainian economy," Carlos de Cordoue, the CEO of Credit Agricole Bank, comments.

In total, the rating includes 15 financial institutions with the most viable business models, sufficient reserves, and high-quality assets.