Crédit Agricole Egypt, Q4 2021 Financial Results
Robust commercial performance across all business lines and strong increase in
profitability with a Net Profit reaching EGP 1,592 million, up 17% YoY
Main Highlights
- Gross Loan portfolio reached EGP 31 billion, up 15% Year-to-Date
- Customer Deposits reached EGP 48 billion, up 17% Year-to-Date
- Strong liquidity position, Loans-to-Deposit Ratio of 64%
- High quality of assets, Non-performing Loans ratio of 3.3%
- Resilient capital structure, Capital Adequacy ratio of 20.87%
- Net Profit recorded EGP 1,592 million, up 17% Year-on-Year
- Return on average Assets of 2.8% and Return on average Equity of 20.0%
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