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Credit Agricole among TOP 3 the most resilient Ukrainian banks according to Minfin portal rating

08 September 2022

Credit Agricole holds the 3rd position in the rating of the most resilient Ukrainian banks by results of Q2 2022, according to Minfin portal, having improved its position by one rank compared to the prior period. The bank got one of the best results in terms of the level of depositors’ confidence and high assessment of its resilience from independent experts, in particular, representatives of investments companies Dragon Capital, ICU, and Freedom Finance, as well as rating agencies IBI-Rating and Expert-Rating. Even in the times of war, the bank proves to be highly reliable and able to face destabilizing factors. Credit Agricole maintains strong capital and liquidity positions, and benefits from ongoing support provided by the international financial Group.

The rating includes 33 banks with retail deposit portfolios of UAH 1 billion and more. Each quarter, “Minfin” assesses the resilience of Ukrainian banks based on the information from official and public sources as at the end of quarter. The total score of a banks’ rating is determined as arithmetic average of the scores obtained by a bank in three groups of indicators: resistance of the bank, loyalty of depositors, assessment by analysts. The rating considers the following indicators: asset quality, liquidity, increase of deposit portfolio, financial and payment reputation, availability of external support, and expert assessment. To learn more please follow the link

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