• Text Size
  • Contrast

Crédit Agricole in Ukraine

Crédit Agricole arrived in Ukraine in 1993 as a solid but small bank that only served corporate customers, mainly international, and a few large, local, corporate customers. Over these 25 years, the bank grew into a large (one of the TOP 10 in assets) universal bank serving all market segments – from private individuals to large international corporations.

 

Credit Agricole Ukraine

  • Crédit Agricole Ukraine (CAU)

    Joined the Group in 2006 (Index Bank).

    Following a profound restructuring, has operated under Crédit Agricole brand since 2011 and merger with CACIB Ukraine.

    A universal retail bank with a strong specialization in MNCs and agri-food, a market in which CAU has a strong reputation and expertise.

    Has been maintaining a high level of profitability also during the restructuring phase of the banking industry following the Ukrainian crisis of 2014.

    Leadership in Agro-agri and development of the corporate segment. Strong financial performance in 2019 with solid underlying fundamentals.

  • Key figures

     Ukraine: 44 million inhabitants

     

     

     

     

     

    391,814 customers
    150 branches
    2,405 employees
     
    Total assets: 1 331 m€

    carte-ukraine

     

    Performance

    • Fitch Rating B highest level of the Ukrainian banks
    • First project financing in the Renewable Energy sector
    • N°3 Agri bank in Ukraine (Business magazine rating 2019)
    • N°1 car loans in Ukraine (Financial Club Awards 2019)

    Moody’s: Caa2 (Positive)
    S&P: B- (Positive)
    Fitch: B

    (sept 2019)

    Source: BPI/FIN - Data at 31/12/2019

  • Strategic approach

    MTP 2022 Strategic ambition: ensure a high profitability through a balanced sectorial growth

    • Stengthen leadership position on MNCs and Agri / Agro through the development of expertise. Strengthen cooperation with Group entities in France and abroad (Germany, Poland); Implement a specialization strategy on key sectors and expertises. Enlarge products offer (leasing);
    • Balance the model by tending towards 50% of Proximity Banking revenues: omnichannel distribution strategy, deployment of the Group's marketing and distribution tools, development of advanced mobile solutions, optimization of funding in local currency;
    • Strengthen customer satisfaction in support of the move upmarket with a focus on the mass/affluent segments.
  • Governance

    Organisation

     

    Credit Agricole Ukraine Management

    • Carlos de Cordoue, Chief Executive Officer

     

    BPI Supervision

    • Stanislas Ribes - Head of BPI Supervision and Control
    • Véronique Maire – Supervision Head - Ukraine
  • Key economic indicators

    Data

    France

    Ukraine

    Currency

    EUR

    UAH

    Population (in millions)

    64.8

    41.9

    Population growth rate

    0.4

    -1.5

    Nominal GDP (in USD billions)

    2,707

    150

    Real GDP growth, annual (%)

    1.3

    3.2

    Nominal GDP growth (%)

    2.4

    13.1

    GDP per inhabitant, current USD

    41,761

    3,592

    Inflation rate

    1.3

    7.9

    Unemployment (%)

    9.1

    9.0

    National saving rate

    22.8

    16.5

    Household savings rate

    14.9

    nd

    Budget deficit/GDP (%)

    -3.0

    -2.0

    source : FMI, ECO / Crédit Agricole S.A (Data at end 2019)

Follow info