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Crédit Agricole Expands Presence in Western Ukraine with Planned Acquisition of Bank Lviv
4 Articles
4 Articles
Crédit Agricole has signed an agreement to purchase Bank Lviv via its Ukrainian subsidiary. The bank confirms its support for the country's economy and its commitment to the reconstruction of Ukraine, while strengthening its presence with local SMEs.
The subsidiary bank of the French group Crédit Agricole — Credit Agricole Ukraine — has signed an agreement to acquire up to 100% of the shares of Lviv Bank.
Crédit Agricole seals deal to acquire Ukraine-based Bank Lviv
Crédit Agricole Ukraine has agreed to acquire up to 100% of shares in Bank Lviv, a financial institution based in Lviv and focused primarily on serving SMEs. Bank Lviv currently works with more than 37,000 individual clients and around 8,400 small and medium-sized enterprises, including those in the agricultural sector. The bank operates mainly in western Ukraine. If finalised, the purchase will increase Crédit Agricole Ukraine’s presence in thi…
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