Credit Agricole Egypt sees moderate profit growth in 2019

EARNINGS WATCH- Credit Agricole Egypt made a net profit of EGP 2.4 bn in 2019, up 7.3% from the previous year, according to the bank’s annual earnings statement (pdf).

MOVES- The bank has appointed Franck Senebier (LinkedIn) as COO following Phillipe Enjalbal’s resignation from the position, according to a bourse disclosure (pdf). Senebier’s appointment is pending final CBE approval.