Credit Agricole Egypt
EEGX:CIEB22.99
EGP
+0.34
(+1.50%)
ISIN
EGS60041C018
Return %
Stock
S&P 500
1Y
15.99
14.20
3Y
34.84
81.12
5Y
247.60
68.34
Capital Structure
EGP
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in mil. unless spec.Working Capital
EGP
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in mil. unless spec.Growth Rates
EGP
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in mil. unless spec.Quarterly Revenue
EGP
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
EGP
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in mil. unless spec.Company Description
- CEO
- Jean-Pierre Trinelle
- Full Time Employees
- 2,557
- Sector
- Finance
- Industry
- Major banks
- Address
- Cairo Egypt
- IPO Date
- Aug 11, 1996
- Website
- ca-egypt.com
- Similar Companies
- Business
- Credit Agricole Egypt S.A.E. is a commercial banking and financial services institution headquartered in New Cairo, Egypt, operating as a subsidiary of the France-based Credit Agricole Group. Established in 2006 following the merger of Credit Agricole Indosuez Egypt and the Egyptian American Bank, the bank provides a comprehensive portfolio of conventional and Islamic banking solutions, trade services, and treasury operations across Egypt to individual, small and medium-sized enterprise (SME), corporate, and institutional clients. The company operates through four principal business segments: Retail Banking, Corporate Banking, Small and Medium Enterprises (SMEs), and Treasury and Capital Markets. Its primary products and services encompass consumer banking offerings, including current, savings, and tiered daily interest accounts; fixed- and variable-rate certificates of deposit and term deposits in Egyptian pounds and foreign currencies; unsecured personal loans, auto financing, and residential mortgage facilities; credit, debit, and prepaid cards under the Visa and Mastercard payment networks, paired with the Happy Points loyalty program; bancassurance and life protection plans; and wealth management and private banking services delivered through its Fidele Club and banki Private propositions. For corporate and institutional clients, the bank provides structured finance, syndicated loans, and project financing; working capital lending and overdraft lines; comprehensive trade finance instruments, including letters of credit, letters of guarantee, and documentary collections; global transaction and cash management services; corporate payroll processing; and liquidity optimization tools. Its SME banking division provides specialized lending facilities, merchant cash advances, supply chain financing, and point-of-sale terminal solutions. The Treasury and Capital Markets division delivers foreign exchange trading, spot and forward contracts, interest rate hedging, liquidity management, debt securities and treasury bill dealing, and correspondent banking services. The bank distributes its financial services through a nationwide network of branches, cashless digital lounges, automated teller machines (ATMs), and digital platforms, including banki Mobile, banki Online, and banki Business. In recent developments, Credit Agricole Egypt has expanded its digital infrastructure, sustainable financing initiatives, and corporate partnerships. The bank upgraded its digital banking ecosystem across retail and commercial segments, incorporating instant payment network integration via the national InstaPay network, enhanced biometric security, paperless branch workflows, and contactless SoftPOS merchant acquiring solutions. To advance sustainable finance, the bank broadened its green lending portfolio in alignment with international environmental standards, extending dedicated credit lines for industrial energy efficiency, renewable power generation, and water conservation projects, while continuing the deployment of solar energy systems across its branch network and LEED-certified head office. The bank has also broadened strategic collaborations with regional fintech platforms and payment facilitators to expand electronic merchant acceptance, digital wallet interoperability, and consumer checkout financing. Furthermore, the bank reinforced its capital base through the capitalization of reserves and bonus share issuances to ensure robust capital adequacy under Central Bank of Egypt regulatory guidelines, while introducing specialized high-yield local and foreign-currency investment certificates to support client asset growth amid market liquidity shifts.