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Press Release Q3 – 2020

Crédit Agricole Egypt, 2020 – 9 months Results
Net Profit of EGP 1,031Mln

 

 

 

HIGHLIGHTS ON SEPT. 2020 RESULTS

  •  Net Profit of EGP 1,031 Mln
  •  Return on Assets of 2.6%
  • Return on Equity of 23.5%
  • Strong Capital Adequacy Ratio at 19.02%
  • Earning Assets 88% of total Assets
  • Customer Loans portfolio recorded EGP 27.7 Bln
  • Ongoing good quality of assets NPL at 2.52%.
  • Customer Deposits portfolio recorded EGP 41 Bln
  • Gross Loans to Deposit Ratio of 68%
  • Total Equity of EGP 6.9Bln

 

GLOBAL OVERVIEW
Crédit Agricole Egypt has pursued its commitment and mobilization for its customers and community in light of the
challenging COVID-19 economic crisis, while maintaining the path of its operations with a vigilant approach and in
full alignment with the Central Bank of Egypt’s measures.

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