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PRESS RELEASE – Q1 2018 RESULTS

Credit Agricole Egypt reports a net Profit of EGP 605.7 million at end of Q1-2018
Representing a rise of +33.3% over Q4.2017

Credit Agricole Egypt has announced its Q1-2018 results showing an ongoing strong performance and the sustainable growth of the Bank. The Managing Director, Mr. Pierre Finas commented: “The Bank’s strategy for responsible & steady growth delivers again a strong set of results for the first 3 months of 2018, driven by our well-balanced and innovation-driven business model”. Mr. Finas added that during his recent visit to Egypt, the CEO of the worldwide Credit Agricole S.A. Group, Mr Philippe Brassac, has reiterated the Group’s support to the growth of the bank in Egypt”.

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