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Credit Agricole Bank PAT

09/01/2020 | Press release | Distributed by Public on 09/01/2020 00:36

Credit Agricole provided macroeconomic forecast during online meeting with premium customers of the ...

On August 20, the second online meeting with premium customers of Credit Agricole Bank took place as a part of the Premium Talks project. Participants of the event received relevant macroeconomic forecast, and particularly the detailed analysis of the impact of COVID-19 and quarantine measures on economic of Ukraine and its financial sector. During the meeting, factors influencing the foreign currency exchange, inflation, and key rate of the National Bank of Ukraine were discussed, and estimated values of these indicators through the end of the current year were provided.

'The most probable scenario is U-shape economic recovery. Although sovereign bond portfolio has reduced by over UAH 30 bln since the pandemic outbreak, foreign-currency and gold reserves have reached the level of five-month import,' stated Oleksandr Pecherytshyn, Chief Economist of Credit Agricole Bank, during his presentation.

The meeting participants took interest in securities market, and namely price change for different types of assets, as well as the list of current investment vehicles.

Providing the premium banking services, Credit Agricole Bank pays attention to service development and seek to meet all present-day demands of premium customers. The team of the bank is already preparing for the following meetings within the Premium Talks project. Customers know that they can always rely on Credit Agricole Bank!

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: [email protected]