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Crédit Agricole Egypt continues ‘Ramadan Bags Initiative’ for 3rd year in a row

Crédit Agricole Egypt continues ‘Ramadan Bags Initiative’ for 3rd year in a row

It raised the motto “Share Crédit… Share for charity” in its headquarters ‘Unity’.
A new success story made by the bank’s staff in association with the bank’s customers.
8,300 bags in cooperation with Misr El Kheir Foundation for areas within the Bank’s CSR Program.
François-Edouard Drion: We appreciate the hard work of CAE staff, and we thank them for their voluntary efforts.
Cairo, July 12th, 2015 – As part of its endeavors to encourage voluntary and social participation during the Muslim holy month of Ramadan, Crédit Agricole Egypt launched ‘Ramadan Bags Initiative’ in association with Misr El Kheir Foundation, which is one of the Bank’s CSR partners, for the third year in a row under this year’s motto “Share Crédit… Share for charity”.

The Bank has provided 8,300 bags via donations from its employees and customers for distribution throughout various geographic areas, exceeding the program’s objective to hand out 4,000 bags.

For his part, Mr. François-Edouard Drion, Managing Director and CEO of Crédit Agricole Egypt, said:”CAE’s performance has always been distinguished by ongoing development and continued endeavor from its staff to adopt new and innovative ideas to make us closer to our customers. Motivated by this concept, the CSR Committee launched this year an initiative calling on CAE’s customers to take part in this creative initiative, donating 4,500 bags.”

Mr. Drion added:”The Ramadan Bags Initiative has become an annual tradition reflecting the Bank’s concern – administration and employees – to do the best to serve our community through numerous CSR activities and programs adopted by CAE. In this regard, we have been keen on promoting the motto ‘Share Crédit… Share for charity’ in our new headquarters ‘Unity’ in a bid to urge our employees to participate in render the less fortunate people a smile on their faces during the month of Ramadan.”

It’s noteworthy that the employees have eagerly participated in the initiative, in its third year, as CAE announced it would donate two bags per each bag contributed by the staff.

Moreover, the employees take part in handing out the bags according to the distribution plan, laid out by the CSR Committee, covering poor villages in Assiut, Sohag, Minya and Beni Sueif, in addition to Ezbet El Matar in Imbaba, as well as other poor districts in Alexandria, Old Cairo and Houtiya area in Dokki.

In the same vein, Mr. François-Edouard Drion has announced an iftar banquet attended by more than 1,000 of CAE’s employees, marking staff efforts to maintain the Bank’s prestigious position in the Egyptian banking sector, and in appreciation of their positive participation and voluntary endeavors for the community’s development and progress.

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