Credit Agricole Bank PAT

06/05/2023 | Press release | Distributed by Public on 06/05/2023 03:24

Credit Agricole is the most resilient bank in Ukraine according to Minfin

Credit Agricole is recognized for its top position in the ranking of the most resilient banks of Ukraine by finance media Minfin. The bank went up two positions in comparison with the prior result. Credit Agricole keeps operating in a stable manner remaining extremely reliable and efficiently counteracting destabilizing factors.

"This recognition is the result of the bank's stable organic growth, effective team work, support from the group and, last but not least, customer loyalty. Credit Agricole entered Ukrainian market 30 years ago. Now we are a systemically important bank, in the top ten in terms of net assets, reliable partner for the Ukrainian agribusiness and among automotive lending market leaders. Credit Agricole is also about social responsibility, European values and the highest standards of relations with customers and partners, as well as transparency and mutual respect. We take great pride in it, it is what we promote in our corporate culture. We are willing to keep working in order to fully uncover the potential of the Ukrainian market even in these turbulent times", ─ shares Carlos de Cordoue, Chairman of the Board at Credit Agricole Bank.

Minfin traditionally includes in its resilience ranking those banks that have at least UAH 1 billion in personal accounts. The editorial team took into account the following indicators: the level of stress resilience, deposit portfolio growth, depositor loyalty, payment reputation, bank asset quality and liquidity, external support option. You can see the detailed information here.

The bank is a leader in social responsibility and is in the TOP-3 most stable banks according to the Dragon Capital and NV rating, also in the TOP-10 leading banks according to the FinClub annual ranking. The bank invests in digital solutions and the branch network, has resumed lending and launches new products.