Record car lending April in Credit Agricole – UAH 315 million

In April, Credit Agricole issued 660 car loans in the total amount of UAH 315 million. This was the record month in 10 years of Credit Agricole’s leadership in the car lending market. Successful start of the year allowed the bank to pass the level of UAH 1 billion of car loans as early as in the middle of May: the result the bank used to achieve during two years before the crisis.  

The key success factors include attractive partnership programs, transparent lending terms, good teamwork, and the improved process of loan application approval – on average, a decision is made within less than 6 hours.

 «Car lending market is developing fast even in the times of the pandemic, and we are pleased to note that the Ukrainians prefer Credit Agricole. Why do customers choose us? We have been dealing with car lending for 13 years now, and we have well-established processes for high performance. We issue 30 to 50 loans per day thanks to our strong expertise, well-developed decision-making center, and a professional team. Moreover, we are the only bank in the Ukrainian market that holds the ISO 9001 certificate in car lending. It assures the quality of customer service. We never stop, we keep working on the quality of our procedures, improving them continuously”, Roman Bunich, Head of Long and Alternative Channels Development Department, comments. 

Credit Agricole offers exclusive lending terms together with more than 15 leading car manufacturers, including Renault, Citroen, Peugeot, Toyota, Nissan, Opel, Mazda, Suzuki, BMW, etc. As a result, our clients has the widest possible choice of lending programs on favorable conditions. Some offers provide for just 10% prepayment of the car value.

The bank applies comprehensive approach to its car lending customers that additionally to car loans include additional services that will be useful for clients such as insurance products by partners of the bank and the credit card "DriveCard" that increases financial capacity of clients.

Need a car? Welcome to Credit Agricole! 

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 bancassurance 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 public relations and internal communications at credit Agricole Bank 

Email: Viktoriia.TORIANYK@credit-agricole.ua