CREDIT AGRICOLE BANK Rating of 20 Most Efficient Ukrainian Banks
OREANDA-NEWS. February 20, 2014. PJSC "CREDIT AGRICOLE BANK" tops the rating of 20 most efficient Ukrainian banks according to Forbes Ukraine magazine.
As noted in Forbes Ukraine, in the corporate segment PJSC "CREDIT AGRICOLE BANK" focuses on servicing agricultural sector (loans to agriculture represent 40% of corporate loan portfolio), in retail it focuses on car lending and cash loans. This business model, according to last year’s results, enabled the Bank to earn more than MUAH 400 (IFRS) of net profit and become one of the leaders in terms of loan portfolio quality.
"We are not running after the market share, explains Philippe Guidez, Deputy Chairman of the Supervisory Board. "We prefer profitable business with reliable customers". In order to attract such customers, PJSC "CREDIT AGRICOLE BANK" measures the quality of its services on an annual basis.
A team of agricultural experts and experience of working with agricultural industry, including that of a parent company, are other keys to success of PJSC "CREDIT AGRICOLE BANK" in the corporate segment.
You can find out more about the rating of 20 most efficient Ukrainian banks in Forbes Ukraine magazine (February 2014).
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