Press Release Q1 – 2020

Credit Agricole Egypt Q1-2020 RESULTS
Net Profit of EGP 443.8Mln

HIGHLIGHTS ON Q1-2020 RESULTS

• Net Profit of EGP 443.8 Mln
• Return on Assets of 3.5%
• Return on Equity of 30.5%
• Strong Capital Adequacy Ratio at 18.25%
• Earning Assets 89% of total Assets
• Interest Pairing Liability 81% of total Assets
• Customer Loans portfolio recorded EGP 25.3 Bln
• Ongoing good quality of assets (NPL at 2.71%)
• Customer Deposits portfolio recorded EGP 40.3 Bln
• Gross Loans to Deposit Ratio of 62.9%
• Total Equity of EGP 6.3Bln

Global overview:

Facing the COVID-19 economic crisis context, Credit Agricole Egypt has been fully mobilized to fulfill its
commitments toward staff, customers and community.

The bank has reacted in full alignment with the Central Bank of Egypt’s comprehensive strategy by putting the required measures in place for staff and customers

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