Crédit Agricole has no plans to exit its Egypt operations -Drion

Crédit Agricole is not planning on exiting its operations in Egypt, Crédit Agricole Egypt Managing Director François Edouard Drion told Al Mal. Drion added that Crédit Agricole Egypt has already received a USD 10 mn bridging loan from its parent to support operations in Egypt. He says there is a USD 20 mn tranche remaining, of which USD 10 mn is scheduled to be disbursed this month.