Latest in Tag: Crédit Agricole Egypt Highlight
Latest in Tag: Crédit Agricole Egypt
Crédit Agricole Egypt inaugurates new branch in Palm Strip Mall
CAE selected the new branch’s location after conducting a geo-market study to identify geographical gaps. The branch is primarily located at the heart of Sixth of October City within a high business potential area and surrounded by three private universities.
Crédit Agricole rolls out Egypt’s 1st environment-friendly contactless payment cards
New polylactic acid cards from G+D are certified as environment-friendly by international bodies
Credit Agricole Egypt embarks on digital transformation plan for three years
Bank will be part of the CBE’s initiative to support industrial sector
Crédit Agricole Egypt transforms club memberships into prepaid cards
One-third of bank’s customers has beem registered in its e-services
Crédit Agricole Egypt and PAS sign a credit facility agreement for an aircraft purchase
According to the signed agreement, Crédit Agricole Egypt will provide a medium-term loan to be repaid over five and a half years, which shall cover 80% of the helicopter’s total value. The cooperation between the bank and PAS, which began in 1983, represents a major step in the long-term fruitful partnership aiming for the company’s expansion into air transport services inside and outside Egypt.
Fitch Affirms Credit Agricole Egypt at ‘AA+, stable outlook
The ratings of CAE reflect potential support from its ultimate shareholder, France’s Credit Agricole (CA), the press statement indicates.
Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018
Five banks only earn billions in net profits, other banks acquired under EGP 1bn each
Crédit Agricole Egypt’s net profit rises by 12.4% to EGP 2.2bn in 2018
Crédit Agricole Egypt reported a net profit of EGP 2.2bn at the end of 2018 up by 12.4% year-over-year (Y-O-Y), according to the bank’s financial results released on Sunday on the year that ended in December 2018. The bank’s return on equity reached 55% in 2018, while earnings per share went up by 12.36% to …
Most banks in Egypt performed well in H1 2018
Financial statements of 10 banks reflect significant growth in profits by end of June 2018 YOY
Credit Agricole Egypt continues development plans in 2018
We have CSR philosophy based on sustainability, empowerment, says managing director
Credit Agricole Egypt attain net profits of EGP 949m in H1 2017
EGP 40.7bn volume of deposits by the end of June, increase in loans volume to EGP 18.9bn
Credit Agricole not considering leaving Egyptian market
We have launched our activities in the Egyptian market 10 years ago and seek to continue and expand it, says Drion
10 banks offer EGP 6bn syndicated loan to Etisalat Egypt
A banking alliance of 10 major banks signed a syndicated long-term loan to Etisalat Egypt, amounting to EGP 6bn, to finance the purchase of the 4G licence and the new frequencies, as well as the repayment of the existing dues and the company’s operation expenses. The alliance included the National Bank of Egypt (NBE), the …
State banks boost their investment in treasury bills by EGP 13.8bn in July: CBE
Banking sector accounts for 77% of total outstanding balances of bills
Crédit Agricole-Egypt signs $50m cooperation agreement with EBRD
Trade facilitation programme will allow Crédit Agricole to provide more support to its clients in Egypt and help the country’s economic growth, says EBRD Egypt director
Crédit Agricole generates EGP 236.2m in Q1 2015
Figures show that there is a 60% increase in the bank’s earnings in Q1 of 2015, compared to the same period in 2014
Egypt’s Business Directory names the top five local banks
CIB tops the list as the largest bank in Egypt followed by NSGB, the fastest growing bank in the country
Banking and Insurance Special: E-Finance to partner with banks
Blom Bank Egypt, the Arab Bank, NSGB and CIB among those negotiating with the electronic payment system company