Credit Agricole Bank PAT

09/28/2021 | Press release | Distributed by Public on 09/28/2021 04:55

Credit Agricole is an exclusive partner for financing Lindsay irrigation equipment

On September 28, Credit Agricole signed a strategic partnership agreement with Lindsay, a world leader in irrigation and infrastructure equipment, under which the bank provides financing for the purchase of Zimmatic irrigation equipment. Now Credit Agricole is Lindsay's exclusive financial partner and offers favourable lending terms for the bank's customers.

"In recent years, the problem of climate change is becoming increasingly important for the Ukrainian agribusiness. That is why investment in irrigation systems is one of the key priorities for agri companies, while available financing conditions are an important component of the industry's development. We are pleased and honoured to be partners with Lindsay, a company that offers high-tech irrigation solutions. By combining our capacities, we provide agribusiness with truly profitable and efficient irrigation solutions, which in turn help increase yields and promote rational use of natural resources. Agribusiness and social responsibility are one of the top priorities for us, which is enshrined in the bank's strategy by 2025" said Larysa Bondarieva, Deputy Chairman of the Board at Credit Agricole Bank.

Lindsay is a world leader in providing innovative products and water management and road infrastructure services.

"Our innovations contribute to the efficiency of agribusiness and help change society for the better. Lindsay seeks to support the sustainable development of a human- and nature-centric economy. We are very happy to partner with Credit Agricole, which shares our values. Lindsay's innovative irrigation systems combined with the bank's efficient financial solutions create a truly fair offer for agribusiness!" said Volodymyr Kowalski, Lindsay Territorial Manager (Ukraine, Moldova, Central Asia).

As part of the partnership program, Credit Agricole corporate customers can obtain a loan for the purchase of Zimmatic irrigation equipment for up to five years. The bank finances up to 100% of the cost of the equipment, offers a flexible debt repayment schedule and does not require additional collateral. Find out more and apply online here

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 ban 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 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 PR and internal communications division of Credit Agricole Bank.

E-mail: [email protected]