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Credit Agricole ranked in TOP 3 in automotive and agricultural lending according to annual FinClub rating

20 December 2023

Based on year 2023 results, Credit Agricole was ranked third in Car Loan and Agricultural Lending categories in the final rating “25 leading banks of Ukraine in the wartime”. The rating jury panel also commended the great effectiveness of Credit Agricole top management team:

  • Carlos de Cordoue, Chairman of the Management Board, is in the TOP 10 of the best bank top managers
  • Jean-Pierre Pallard, Board Member, is in the TOP 5 of the best chief operating officers
  • Giorgio Sopranzi who was Board Member of the bank until December 2023, was ranked 4th in the best CFO category

“We have been operating on Ukrainian market for over 30 years, practically since the foundations of independent Ukraine were laid. Throughout this period, the bank’s work has been rooted in transparency, impeccable reputation, offering European standards of customer service. Agriculture is in our bank’s DNA, as it is the corporate sector that we started our work in Ukraine from by leveraging our strong suit – agrarian expertise. At the same time, for over 15 years, we have been making motorists’ dreams come true and we are the only bank holding the ISO 9001 certificate that guarantees customer service quality and compliance of all processes with the international standards. We are grateful to our customers for their loyalty and to the rating jury members for the high ranking of our activities in these core business segments that are of great importance for us”, - shares Carlos de Cordoue, Chairman of the Management Board at Credit Agricole.

Even in the wartime, the bank invariably demonstrates high stability levels and offers its customers reliability guarantee of the international Credit Agricole Group (France), which is in the top 10 largest banks worldwide in terms of assets.

Credit Agricole is continually expanding the list of partners and brands to ensure that the most beneficial car loan terms are offered to customers. Since the start of 2023 only, the bank granted nearly UAH 1.9 billion worth of car loans. See more details about the service here.

Credit Agricole is among the agricultural financing market leaders. Since the full-scale war broke out, the bank provided financing to the agrarian companies under partnership programs that amounted to: UAH 2.7 billion under “Affordable Loans at 5-7-9” state program, nearly UAH 1.3 billion under the Government Program of State Guarantees and over UAH 0.5 billion under the Risk Sharing Frameworks jointly with the European Bank for Reconstruction and Development (EBRD). See details of services for the agrarian customers here.

Project “25 leading banks of Ukraine in the wartime” is an independent overview of the banking market of Ukraine that determines the banking market leaders of the country: 16 winners of the specialized ratings, five best top managers and the leading bank. All banks operating in Ukraine were evaluated in the course of the study based on their financial statements and additional information provided by the rating participants.

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