Crédit Agricole Egypt 9-Month Loans Up 4.2%

The value of deposits held by Crédit Agricole Egypt registered EGP 21.165 billion at the end of last September, compared to EGP 20.3 billion at the end of 2011, registering an increase of EGP 859.7 million (4.23%).

The separate financial statements showed that the bank’s loans surged by 10.85%, registering EGP 12.579 billion at the end of last September, compared to EGP 11.348 billion at the end of 2011.

The consolidated results indicated that the bank reported profit of EGP 371.6 million, compared to EGP 239.2 million.

The separate financial statements showed that the bank reported profit of EGP 374 million for the period ended on September 30^th 2012, compared to EGP 242.8 million for the corresponding period in 2011.