Cairo, Egypt – The Governor of Giza, Dr. Ali Abdel Rahman, inaugurated yesterday the Imbaba El Matar Development project, which is funded by Crédit Agricole Egypt and implemented by Rotary Club Cairo North. The inauguration was attended by members of the Crédit Agricole Egypt CSR Committee along with members of the Rotary Club Cairo North.
The project, which Crédit Agricole Egypt has been committed to for the past two years, is built on the concept of total community services and aims for the severely underdeveloped areas to be used as a model for the development of slum areas throughout the country. As such, the project functions to address three main axes for development which are health care, education and environmental development. Crédit Agricole Egypt has committed EGP 2 million to the project over the past two years out of the belief that the project will have a profound impact on the quality of life of the resident of Imbaba El Matar area.
For his part, Crédit Agricole Egypt’s Chairman and Managing Director, Mr. François-Edouard Drion said:
“Crédit Agricole Egypt embarked on CSR activities out of the belief that it is the role of the bank to give back to those who are most needy within the community. The Imbaba El Matar Development Project was among those projects selected by Crédit Agricole Egypt. We have been involved in the project because it works on three parallel axes, which can have a very positive impact on the quality of life of the residents of the area.”
Thus far, project has provided the area with a medical clinic complete with the latest internal medicine, obstetric and gynecological instruments. It also established an Ophthalmic Clinic and two medical convoys that serve more than 400 patients for free. On the educational front, the project currently has 15 classes operational with more than 175 graduates and more than 50 expected to complete their literacy exam this month. It also completed the renovation of already existing schools in the area. On the environmental front, some 1,500 tons of garbage have been removed and more than 1,000 trees have been planted in the area to improve the quality of life for those residing in the area. Moreover, an area has been secured to establish a cultural and training center for the youth.
“We at Crédit Agricole Egypt believe that it is important to measure our success by our support and involvement with the communities in which we operate. The bank is involved in several CSR projects of which it is very proud,” noted Chairman and Managing Director, Mr. François-Edouard Drion.
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About Crédit Agricole Egypt:
Crédit Agricole Egyptwas established when Crédit Agricole SA, a leading global financial institution operating in more than 50 countries acquiredwith investors the Egyptian American Bank and merged the network with Calyon Bank Egypt in September 2006. Today, Crédit Agricole Egypt’scommitted team of experts offers a wide range of products and services designed to meet the demands of leading national and regional Corporations, SMEs, and retail clients, as well as high net worth customers. In addition to its network of branches conveniently located throughout the country, Crédit Agricole Egypt offers online banking services for easy access and convenient transactions (www.ca-egypt.com) in addition to its call center (19191) available 24 hours, 7 days a week.
