{"id":594061,"date":"2019-10-17T04:05:03","date_gmt":"2019-10-17T04:05:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/"},"modified":"2019-10-17T04:05:03","modified_gmt":"2019-10-17T04:05:03","slug":"credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/","title":{"rendered":"Credit Agricole to increase Egypt branches by 25% by end of 2022"},"content":{"rendered":"<p>Credit Agricole plans to expand the number of branches by 25% by the end of 2022, Managing Director Pierre Finas <a href=\"https:\/\/www.cnbcarabia.com\/news\/view\/58655\/%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0%D9%8A-%D9%84%D9%80-&amp;quot;Credit-Agricole&amp;quot;-%D9%84%D9%80-CNBC-%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%84%D8%AF%D9%8A%D9%86%D8%A7-%D8%AE%D8%B7%D8%A9-%D8%AA%D9%88%D8%B3%D8%B9%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D8%B3%D9%88%D9%82-%D9%84%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D9%81%D8%B1%D9%88%D8%B9-%D8%A8%D9%85%D8%B5%D8%B1-%D8%A8%D9%86%D8%B3%D8%A8%D8%A9-25-%D8%A8%D9%86%D9%87%D8%A7%D9%8A%D8%A9-2022.html\">told CNBC Arabia.<\/a> The bank\u2019s loan portfolio had reached EGP 24 bn by the end of June, he added. Credit Agricole reported a <a href=\"https:\/\/enterprise.press\/stories\/2019\/08\/01\/earnings-watch-credit-agricole-eastern-co-ci-capital-mm-group\/\">1H2019 net profit<\/a> of EGP 1.3 bn, compared to EGP 1.1 bn a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s 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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[204,2372,205,72,7087],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594061","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-credit-agricole","tag-enterpriseam","tag-finance","wpautop","entry"],"acf":{"mongo_id":"31903287-f6f1-4fc2-94a2-099becace17e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594034],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Credit Agricole to increase Egypt branches by 25% by end of 2022 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Credit Agricole to increase Egypt branches by 25% by end of 2022\" \/>\n<meta property=\"og:description\" content=\"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\u2019s 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 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-10-17T04:05:03+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Credit Agricole to increase Egypt branches by 25% by end of 2022\",\"datePublished\":\"2019-10-17T04:05:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/\"},\"wordCount\":64,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"Credit Agricole\",\"EnterpriseAM\",\"Finance\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/credit-agricole-to-increase-egypt-branches-by-25-by-end-of-2022\/\",\"name\":\"Credit Agricole to increase Egypt branches by 25% by end of 2022 - 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MIDOR had reached a preliminary agreement with the\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574527,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/13\/whos-in-the-market-for-debt-rooya-monorail-canal-sugar\/","url_meta":{"origin":594061,"position":2},"title":"Who\u2019s in the market for debt? Rooya, monorail, Canal Sugar","author":"enterpriseam admin","date":"13 September 2020","format":false,"excerpt":"Weekends are usually a quiet time for the customary leaks in bankers\u2019 never-ending quest for a bit for PR on the issue of why (may be) loaning what to whom. Among the highlights: Real estate developer Rooya is said to be in the market for EGP 2 bn in finance\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632125,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/04\/earnings-watch-credit-agricole-egypt\/","url_meta":{"origin":594061,"position":3},"title":"Earnings watch: Credit Agricole Egypt","author":"enterpriseam admin","date":"4 February 2018","format":false,"excerpt":"EARNINGS WATCH- Credit Agricole Egypt announced that its net profit after tax increased to EGP 1.96 bn in 2017 from EGP 1.35 bn in 2016. The bank\u2019s interest income also increased to EGP 4.80 bn during the year from EGP 3.35 bn in 2016.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560009,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/11\/covid-19-dents-credit-agricole-egypt-annual-profits\/","url_meta":{"origin":594061,"position":4},"title":"Covid-19 dents Credit Agricole Egypt annual profits","author":"enterpriseam admin","date":"11 February 2021","format":false,"excerpt":"Credit Agricole Egypt\u2019s net income plunged more than 42% in 2020 as the covid-19 pandemic weighed on income and caused a deterioration in the quality of its loan book. The bank booked a EGP 1.36 bn profit last year, down from EGP 2.36 bn in 2019, according to an EGX\u2026","rel":"","context":"In &quot;EARNINGS WATCH&quot;","block_context":{"text":"EARNINGS WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/earnings-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":551986,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/03\/earnings-watch-credit-agricole\/","url_meta":{"origin":594061,"position":5},"title":"Earnings Watch: Credit Agricole","author":"enterpriseam admin","date":"3 August 2022","format":false,"excerpt":"EARNINGS WATCH- Credit Agricole Egypt\u2019s net income after tax rose 32.4% y-o-y in 1H 2022, recording EGP 1.02 bn, according to its financial statement (pdf). The bank\u2019s net interest income rose 13.6% y-o-y to EGP 1.64 bn during the quarter. 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