Crédit Agricole Egypt, Q1 2022
Financial Results Dynamic commercial activities across all business lines, decent revenue generation capacity, with Net Profit reaching EGP 486 million, up 30% YoY Main Highlights
- Gross Loan portfolio reached EGP 32 billion, up 3% Year-to-Date
- Customer Deposits reached EGP 49 billion, up 2% Year-to-Date
- Strong liquidity position, Loans-to-Deposit Ratio of 65%
- High quality of assets, Non-performing Loans ratio of 4.1%
- Resilient capital structure, Capital Adequacy ratio of 22.66%
- Net Profit recorded EGP 486 million, up 30% Year-on-Year
- Return on average Assets of 3.1% and Return on average Equity of 23.2%
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