PJSC «CREDIT AGRICOLE BANK» became one of 4 most reliable banks of Ukraine

PJSC «CREDIT AGRICOLE BANK» became one of 4 most reliable banks of Ukraine by results of reliability rating of large and largest Ukrainian banks for Q42015 and the whole year 2015 according to the economic magazine «Dengi».

It is worth mentioning that CREDIT AGRICOLE BANK is the only bank among TOP 4 that does not require additional capitalization. It did not need capital increase in 2015 and believes that such need will not occur in the future. In 2015 CREDIT AGRICOLE BANK enhanced its liquidity and capital level.

Despite of the difficult economic situation in Ukraine and negative consequences of the national currency devaluation, in 2015 net income (NI) of CAB increased by 37% and positive net profit exceeded the result of 2014 by 186%*. These indicators evidence the sustainability of the business model of CREDIT AGRICOLE BANK and the ability of the bank to generate high positive result even in unstable economic environment.

The magazine’s editorial board expects that in 2016 state-owned banks and banks with western capital will have the highest level of liquidity.

Throughout 2015 CREDIT AGRICOLE BANK held leading positions in the reliability rating among large and largest Ukrainian banks from the magazine «Dengi».

*According to preliminary data of Profit and Loss Report under IFRS, PJSC «CREDIT AGRICOLE BANK».

About the Bank:

PJSC «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 bank 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 VIP 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 470 000 private and 33 000 corporate customers, including representatives of small and medium business, large Ukrainian companies and international corporations.