Crédit Agricole Egypt’s Net Profit Hit EGP 472.3 Mln At End-2012

Crédit Agricole Egypt achieved net profit of EGP 472.3 million at the end of 2012, compared to EGP 308 million at the end of 2011, registering an increase of 53.3% (EGP 164.2 million), according to the bank’s non-consolidated financial statements.

The bank’s consolidated financial statements showed that the bank achieved net profit of EGP 470.9 million at the end of 2012, compared to EGP 306.6 million at the end of 2011, registering an increase of 53.6% (EGP 164.3 million).