CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM

News

CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM

22.04.2021 News

On 21 April, Credit Agricole signed the agreement with the European Bank for Reconstruction and Development (EBRD) and joined the «EU4Business-EBRD Credit Line» Program, within which the bank will get a EUR 25 million loan for 4 years. The purpose of the borrowing is to support micro, small, and medium-sized businesses and to expand their access to leasing services.

According to the terms and conditions of the Program, Credit Agricole clients can get a grant (cashback) financed by the EU in the amount up to 15% of the financing, as well as a free consultancy support by EBRD advisors.

«Credit Agricole is the long-term and reliable partner of the EBRD and I embrace the new stage of our relations. By joining our efforts, we will support representatives of business and help them upgrade their machinery fleet, improve their competitiveness in the internal market, and expend their exporting opportunities. For that, Credit Agricole has an effective tool: financial leasing that becomes more and more popular among our clients. And now, thanks to the Program, leasing of the machinery becomes even more affordable and financially favorable!”, Carlos de Cordoue, the CEO of Credit Agricole Bank, noted. 

The Program increases the capability of business to invest into upgrading of its technologies and equipment so that they meet the EU standards of product quality, workplace safety, and environment protection.

“Access to finance and technology is crucial for sustainable growth of Ukrainian private sector and MSMEs in particular. Leasing is an important alternative way of financing SMEs and we are pleased to increase our support to development of leasing solutions through strong and reliable financial sector partners such as Credit Agricole”, Alexander Pavlov, EBRD Associate Director, Deputy Head of Ukraine, Financial Institutions, said.

To approve the finance granting, the EBRD made a detailed assessment of Credit Agricole’s activity in terms of environmental and social sustainability. It is assumed that a part of finance will be implemented according to the EBRD approach to the Green Economy Transition (GET).

“Being a member of the international and socially responsible Group, we care about the environment and implement the Climate Strategy aimed at reduction of the carbon footprint and support of eco-technologies. Thus, we are very pleased not only to develop customers’ business as part of the Program, but also to facilitate the development of green economy in Ukraine. This program can become a driver of important changes for the business and for the society”, Larysa Bondarieva, the Deputy CEO of Credit Agricole Bank, noted. 

Credit Agricole leases the machinery of reliable partners – leading manufacturers like JOHN DEERE, CLAAS, BERTHOUD, and their official dealers. The bank also offers the machinery of its partners – well-known companies POLETEHNIKA (agricultural machinery and equipment) and WINNER (cars and commercial vehicles).

To take part in the Program and to get a grant from the EBRD, which is financed by the EU, the client should choose the machinery from the catalogue or learn the information on its features and price from the seller (if the desired machinery is not presented on the website) and contact their personal manager at Credit Agricole, or send a request to leasing@credit-agricole.ua

Learn more from the contact center of the bank by telephone 0 800 30 5555.

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 bancassurance 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!”

Other articles

Read also

CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

For what the companies of ex-Minister of ecology of Ukraine will pay fine?

Former Minister of Environment of Ukraine Mykola Zlochevskyi involved in the imposition of a fine, which is the Antimonopoly Committee of Ukraine filed on its affiliates due to the acquisition of control over the company Kub-Gas without permission to do it by ACU. The amount of punishment is 3.12 million UAH. The above information has […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

Foreign pharmaceutical company will invest $ 50 million in the construction of a plant in the Kiev region

Foreign pharmaceutical company Euro Pharma International is building a new pharmaceutical plant in Kiev Svyatoshinsky district, Kyiv region. The first phase of the project start is scheduled for autumn 2016. To date, the company estimates the volume of investments of $ 50 million. “I am very pleased that the foreign investors are interested in our […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

Ukrainska pravda changed its owner

Olena Prytula, editor-founder of the Ukrainska pravda online publication, and Tomasz Fiala, CEO of Dragon Capital, have entered into an agreement under which 100% of the corporate rights to the publication and all its assets will pass to the Dragon Capital Group. This was reported on the website of the investment company. It is noted […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

The court arrested the “Fozzy-Food” accounts, because of the underestimation of VAT

The Solomensky District Court of Kiev had arrested the “Fozzy-Food” accounts (Vishneve, Kyiv region) due to the underreporting by the officials of the value added tax. This is stated in the definition of the Court of 18 May, says the Ukrainian News. The Solomenskiy District Court of Kyiv has received a request for the seizure […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

PrivatBank is no longer private

On December 18 at 23:30 p.m. it was  posted the information on the site of the Governmental portal of Ukraine  that on  December 19, 2016, the PJSC Privatbank goes into 100 % ownership of the state. The text of the statement  also reports  that the decision was made at the meeting of the Cabinet of […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

Poland wants to participate in the Nord Stream-2 certification

The Polish oil and gas concern PGNiG wants to take part in the certification procedure of the Russian Nord Stream-2 gas pipeline. “PGNiG and PGNiG Supply & Trading have applied for inclusion in the certification process of the Nord Stream-2 gas pipeline operator. The outcome of the review determines whether the pipeline owner will receive […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

United Airlines announces possible layoffs of more than a third of its staff since October 1

One of the largest airlines in the United States and globally, United Airlines Holdings Inc., warned on Wednesday that it could lay off 36,000 employees since October 1. Almost half of these employees are flight attendants. The company employed about 96,000 people as of December. This step of United confirms the deplorable state of the […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

Pandora Media bought a bankrupt competitor Rdio for $ 75 million

December 23, 2015, the representatives of the largest streaming service in the USA Pandora Media reported that the company absorbed the music service Rdio, which become bankrupt, for $ 75 million. The deal was approved by the judge on the bankruptcy. There were no competing bids for the purchase of service. Pandora now becomes  the […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

The “Interhim” Odessa pharmaceutical company invested 42 million UAH in its production

The “Interhim” pharmaceutical company has completed the construction of laboratory and manufacturing facility in Odessa. Besides, the company has invested in increasing of production capacities. This step will allow the company to increase 4 times its production. At the beginning of May  2016 the total investment  is  42 million euros. The number of new jobs […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

State Property Fund in the early spring will repeat the auction for the sale of shares of Kherson CHPP

Almost 100% of the shares (99.83%) of Kherson heat and power plant will be re-auctioned by the State Property Fund of Ukraine. According to preliminary data it will be held on March, 16 of this year on sale with a starting price of 155 million UAH. It is reported by the source Sehodnia.ua. Terms of […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

S&P forecasts 6% of the decline in Ukraine’s economy in 2020

The fall in gross of the domestic product of Ukraine in 2020 will amount to 6%, however, from the next year the economy will growth again: in 2021 – by 4%, in 2022-2023 – by 3% annually, such a forecast is contained in the report of the International Rating Agency Standard & Poor’s (S&P) on […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

The Court upends in the dispute of owners of the Sky Mall shopping center

The London Court of International Arbitration upends  the long-term dispute between the Arricano Real Estate and Stockman Interhold in respect of ownership of the Sky Mall shopping center. For a long time the conflict over the asset has been one of the most high-profile cases and negative in the sphere of development of Ukraine. May […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

The “pipe of Medvedchuk” has a new director

The National Agency for the Detection, Investigation and Management of Corrupt Assets (ARMA) has identified Ukrtransnafta as the winner of a tender to manage the seized part of the Samara-Western Direction main oil pipeline. It is noted that only two participants took part in the competition, as competition in this market is limited. “The winner […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

Prometey has invested in the elevator in Kirovograd

In early May, the network of elevators of the Prometey company gained another one – in the village Zaliznichnoe Olshansky district of Kirovograd region, in the Yosipovka railway station. The elevator is operable, on its base continues the acceptance of grain and oilseed crops of the gather 2015, – says the press service of the […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

Pfizer reported earnings below estimates and lowered its annual forecasts

Shares of Pfizer decreased by 3.2% since the beginning of the year, fell by 1.65% on Tuesday after the company announced the results of the third quarter, which ended on September 30. Pfizer reported a 4% drop in earnings per share (compared to the same quarter in 2019) to $ 0.72, but this was slightly […]

Next
CREDIT AGRICOLE SIGNED AN AGREEMENT WITH THE EBRD AND JOINED THE “EU4BUSINESS-EBRD CREDIT LINE” PROGRAM
News

American billionaire has bought the shares of the IT-company Ciklum

The famous American billionaire George Soros decided to invest to the development of Ukrainian IT-sphere. On the 18th of November 2015, he spoke about buying the part of the Horizon Capital in IT company Ciklum, and a certain amount of assets of Majgaard Holdings Ltd, which is owned by the head of Ciklum Torben Maygaarda. […]

Next
WP2Social Auto Publish Powered By : XYZScripts.com