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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 30 years, the bank grew into a universal bank serving all market segments – from private individuals to large international corporations.

 

 

  • 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.

    In the context of the war, the Group is commited to maintain its activites in Ukraine and support the reconstruction of the country. Since the beginning of the war in February 2022, priority has been given to the safety of employees and to adapting and securing the operational model and customer services.

  •  

    Highlights - Prizes and Awards

    • Deal with the European Bank for Reconstruction and Development, EBRD to support micro, small and medium sized companies
    • First bank of the country to launch the Mobile SIM service
    • Launch of new CA+ app features

     

    Source: IBD/FIN - Data at 12/31/2022

  • A Group presence to help rebuild the country when the time comes.

    Monitoring and support in the context of the war in Ukraine with priorities:

    • Providing core banking services to customers
    • Keep the bank operational under the close supervision of the Central Bank of Ukraine (cash, cash withdrawals, etc.)
    • Preserving the client portfolio
    • Supporting the agrarian sector and carefully selected proximity banking franchise
    • Close collaboration with MFIs to support reconstruction
  • Data

    France

    Ukraine

    Currency

    EUR

    UAH

    Population (in millions)

    67.1

    41.5

    Population growth rate

    0.3

    -0.6

    Nominal GDP (in USD billions)

    2,599

    152

    Real GDP growth, annual (%)

    -8.2

    -4.2

    Nominal GDP growth (%)

    -6.2

    2.9

    GDP per inhabitant, current USD

    39,907

    3,653

    Inflation rate

    0.5

    2.7

    Unemployment (%)

    8.0

    9.0

    National saving rate

    21.4

    10.9

    Household savings rate

    21.3

    nd

    Budget deficit/GDP (%)

    -9.2

    -6.2

    source : Insee FMI, ECO (Data at end 2020)

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