Crédit Agricole Egypt, 1st Quarter 2025 Standalone Financial Results - Press Release
The Board of Directors of Credit Agricole Egypt approved the Bank’s results for the period ending Mar 31, 2025, at its meeting on Tuesday, April 29, 2025.
- Net Profit at EGP 1,869 million, down -18% Year-on-Year (due to one-off FX income in Mar 24);
- Customer Deposits reached EGP 94.9 billion, up 12% Year-on-Year;
- Gross Loans reached EGP 58.3 billion, up 28% Year-on-Year;
- Current and Saving Accounts to Total Deposits reached 56%, down -2% Year-on-Year;
- Non-Performing Loans ratio at 2% and Coverage Ratio at 196%;
- Loans-to-Deposit Ratio at 61%, up +7% Year-on-Year driven by strong loans growth;
- Resilient Capital Structure, Capital Adequacy Ratio of 21.1%;
- Return on Average Assets at 5.9% down -2.6% Year-on-Year and Return on Average Equity at 37.5% down -24% Year-on-Year;
- Cost Income Ratio at 24.8% Up by 8% Year-on-Year;
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