Crédit Agricole Egypt Reports EGP 161.7 Mln Net Profit At End-Q1

Crédit Agricole Egypt’s unconsolidated net profit rose 28% (EGP 35.4 million) to reach EGP 161.7 million at the end of the first quarter of 2013, compared to EGP 126.3 million at the end of the corresponding period in 2012.

The bank’s financial statements showed that its consolidated net profit surged 14.7% (EGP 18.7 million) to reach EGP 145.7 million at the end of last March, compared to EGP 126.9 million at the end of March, 2012.