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Crédit Agricole Egypt takes part in 2019 Africa Regional Ministerial Conference on Green Economy

The bank confirms sustainability, community service and environment protection are the mainstay of its strategy




Cairo, July 2, 2019 – As part of the bank’s efforts to mark World Environmental Day, Crédit Agricole Egypt confirms that it is making headway in implementing its innovation and sustainability leadership strategy, broadening its presence and increasing customer and employee satisfaction. The bank has offered community service and environment protection initiatives and has continued to support local and international campaigns to ensure a clean environment for all citizens, in line with the 17 United Nations’ Sustainable Development Goals.

As Egypt announced June to be the month of celebrating World Environment Day 2019–held under the theme of ‘Beat Air Pollution’, Crédit Agricole Egypt took part in 2019 Africa Regional Ministerial Conference on Green Economy, which was hosted by Egypt’s Minister of Environment, H.E. Yasmine Fouad. The conference brought together high-level Arab and African government representatives, world-class experts, as well as relevant private sector and civil society players to focus on advancing Green Economy agenda in the African region and showcase successful, sustainable and scalable green economy practices at the regional level.

Said Hassan, Head of Property Management at Crédit Agricole Egypt, represented the bank at a panel discussion titled “Best Practices for Business Going Green”, where he spoke about the bank being awarded with the first LEED (Leadership in Energy and Environmental Design) platinum certification in Egypt and North Africa for its head office in New Cairo. He said that with this award, we confirm the bank’s commitment to environment protection and achieving sustainable development goals.

Hassan also discussed the bank’s sustainability strategy to optimize recourses to protect the environment, and said the bank is planning to use renewable energy and solar power stations to operate many of its branches in the future.

In line with the Egyptian government’s efforts to promote the use of clean, renewable sources to meet growing energy needs, Crédit Agricole Egypt has opened a solar power station at its branch in 6th of October city.. It is the first branch in Crédit Agricole’s network to have an independent power plant. The solar unit generates power that covers 30-45% of the branch’s monthly electricity consumption and annual energy sufficient to meet the needs of 105 households.

Crédit Agricole Egypt also boasts the biggest rooftop photovoltaic power plant owned by a bank in Egypt at its head office in New Cairo. Opened in 2017 by Electricity Minister Mohamed shaker, the 960 kilowatts/day installation is designed to save the annual energy consumption of the building by 7 percent and promote reliance on renewable energy sources.


About Crédit Agricole Egypt:

Crédit Agricole Egypt is a subsidiary of the Crédit Agricole Group, a market leader in Universal Customer-Focused Banking in France and one of the largest banks worldwide. With operations in 50 countries, Crédit Agricole Group seeks to serve the real economy by supporting its clients’ projects in all areas of retail banking and associated specialized business lines. Emphasizing its values and commitment, Crédit Agricole Group is the bank of common sense. It puts the satisfaction and the interests of all its customers, employees and shareholders at the heart of its activities.

Established in 2006, Crédit Agricole Egypt has become an active player in Egypt’s financial industry offering a wide range of innovative and convenient products to its clients across the entire spectrum: Corporate, SMEs and individuals. Crédit Agricole Egypt’s key goal is customers’ satisfaction by valuing and prioritizing their best interests Thus, Crédit Agricole Egypt has created specialized segments to cater its customers’ needs by offering the sound advice and tailored financial solutions. Accessibility and customers’ convenience are a priority for Crédit Agricole Egypt that offers a nationwide network of branches and ATMs. Also, the bank is considered as a market leader in terms of electronic services by offering state-of-the-art electronic banking solutions

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