In an official ceremony, UltraTeb was launched as the first electronic platform for providing medical supplies, with innovative bank financing provided exclusively through Credit Agricole Egypt.
Latest in Tag: Credit Agricole Highlight
Latest in Tag: Credit Agricole
New bakery line set to be operational by Q1 2022
Bank’s report highlights its keenness to preserve environment and commitment to Paris Climate Agreement’s target of reducing carbon emissions
Bank’s management has future of Egyptian banking sector in mind in line with state’s plan to digitise financial services: Country Managing Director
The bank took home the top awards in the Best Mobile Banking Adaptive Website -consumer category and the Best Trade Finance Service- corporate category
After coronavirus, digitalising financial services become necessary to ensure customers’ comfort, safety, says Credit Agricole official
Banks records sharp 45% increase in company’ digital transactions and 35% for individuals
Crédit Agricole Egypt has successfully become market player and partner to Egyptian economy, says Pierre Finas
The Business News Composite Index consists of four main indicators that address safety standards, rapid growth, customer satisfaction, and social responsibility. These four indicators are, in turn, based on a set of 16 sub-indicators.
Bank to give doctors, nurses priority in service inside branches
Partnership contract between Crédit Agricole Egypt and the Egyptian Shooting Club renewed for next ten years
The bank’s total assets increased by about EGP 3.057bn to reach about EGP 50.501bn by end of December
Crédit Agricole’S loan-to-deposit ratio reached about 57% in general, and 67% in local currency
The deposit portfolio stood at EGP 41.1bn, while the loan-to-deposit ratio was 57.1%, with total equity reaching EGP 6.6bn.
Crédit Agricole Egypt launched banki Wallet, offering individual clients a new method for easy, secure payments
Bank has achieved a net profit of EGP 701.6m up 33.7% q-o-q
Bank follows its strategy toward supporting digital transformation
The parent group supports bank’s unity in Egypt due to importance of Egyptian market, says Venas
Egyptian banking sector is strong, capable of achieving Egypt’s leadership in sustainable development in Middle East, Africa
CAE one of leading banks in group’s 50-country operations, says Brassac
The value of personal financing at Credit Agricole – Egypt increased to EGP 6.165bn at the end of 2017 compared to EGP 5.393bn in 2016, an increase of EGP 772m. According to a statement by the bank, personal loans accounted for 84.2% of the bank’s total loans, reaching EGP 5.193bn at the end of 2017 …
Bank will continue to support major investment projects in Egypt, in partnership with other entities of Crédit Agricole Group, says Finas.
François Edouard Drion, chairperson and managing director of Crédit Agricole Egypt, said that the bank collected $1bn of hard cash since the flotation.
Gradual increase in financing imports and exports, thanks to currency availability following flotation
The bank does not intend to reconsider its interest rates on investment vessels
The bank noted that if a client uses different cards, the spending limit will not be the total spending limit of all cards, but of that with the highest spending limit
The bank expects to connect 3,000 homes to potable water systems during 2016
French bank Credit Agricole has reportedly made a deal with US investigators to avoid criminal charges for helping sanctions-blocked countries move money through the US. The arrangement could be announced Tuesday. Under the settlement, which was revealed to news agencies by unnamed sources on Monday, the bank would pay a $787 million fine for illegally …
39 companies recorded EGP 570m in total losses in H1 of 2015
Bank’s net profits jump 55.7% in H1 compared to same period in preceding year