Credit Agricole to increase Egypt branches by 25% by end of 2022

Credit Agricole plans to expand the number of branches by 25% by the end of 2022, Managing Director Pierre Finas told CNBC Arabia. The bank’s loan portfolio had reached EGP 24 bn by the end of June, he added. Credit Agricole reported a 1H2019 net profit of EGP 1.3 bn, compared to EGP 1.1 bn a year earlier.