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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