{"id":647718,"date":"2017-05-17T03:44:30","date_gmt":"2017-05-17T03:44:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/"},"modified":"2017-05-17T03:44:30","modified_gmt":"2017-05-17T03:44:30","slug":"credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/","title":{"rendered":"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion"},"content":{"rendered":"

Cr\u00e9dit Agricole is not planning on exiting its operations in Egypt, Cr\u00e9dit Agricole Egypt Managing Director Fran\u00e7ois Edouard Drion told Al Mal<\/a>. Drion added<\/a> that Cr\u00e9dit 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cr\u00e9dit Agricole is not planning on exiting its operations in Egypt, Cr\u00e9dit Agricole Egypt Managing Director Fran\u00e7ois Edouard Drion told Al Mal. Drion added that Cr\u00e9dit 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, […]<\/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":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647718","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"35c63b6a-35ed-44f5-b65a-e63121f4b60c","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647677],"teaser":"","voice_url":""},"yoast_head":"\nCr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion - 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\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion\" \/>\n<meta property=\"og:description\" content=\"Cr\u00e9dit Agricole is not planning on exiting its operations in Egypt, Cr\u00e9dit Agricole Egypt Managing Director Fran\u00e7ois Edouard Drion told Al Mal. Drion added that Cr\u00e9dit 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, […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-17T03:44:30+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\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion\",\"datePublished\":\"2017-05-17T03:44:30+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"BANKING + FINANCE\",\"EnterpriseAM\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/\",\"name\":\"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-17T03:44:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/","og_locale":"en_US","og_type":"article","og_title":"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion","og_description":"Cr\u00e9dit Agricole is not planning on exiting its operations in Egypt, Cr\u00e9dit Agricole Egypt Managing Director Fran\u00e7ois Edouard Drion told Al Mal. Drion added that Cr\u00e9dit 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, […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-05-17T03:44:30+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion","datePublished":"2017-05-17T03:44:30+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/"},"wordCount":80,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["BANKING + FINANCE","EnterpriseAM"],"articleSection":["Banking + Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/","name":"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-05-17T03:44:30+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/credit-agricole-has-no-plans-to-exit-its-egypt-operations-drion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Cr\u00e9dit Agricole has no plans to exit its Egypt operations -Drion"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":647314,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/08\/credit-agricole-egypt-appoint-assem-ragab-as-chairman\/","url_meta":{"origin":647718,"position":0},"title":"Credit Agricole Egypt appoint Assem Ragab as Chairman","author":"enterpriseam admin","date":"8 May 2017","format":false,"excerpt":"MOVES- Credit Agricole Egypt has appointed board member and Mubarak-era GAFI chairman Assem Ragab as the bank\u2019s non-executive chairman. Francois Drion, the former chairman and CEO of Credit Agricole Egypt, will remain the bank\u2019s CEO. Ragab\u2019s appointment awaits CBE approval.","rel":"","context":"In "Speed Round"","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":645813,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/pierre-finas-appointed-credit-agricole-egypts-managing-director\/","url_meta":{"origin":647718,"position":1},"title":"Pierre Finas appointed Credit Agricole Egypt\u2019s Managing Director","author":"enterpriseam admin","date":"31 July 2017","format":false,"excerpt":"MOVES- Pierre Finas was appointed managing director of Credit Agricole Egypt, replacing Fran\u00e7ois-Edouard Drion, according to a filing with the EGX. The appointment is yet to be approved by the Central Bank of Egypt.","rel":"","context":"In "Speed Round"","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":603004,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/11\/egpc-borrows-usd-430-mn-from-credit-agricole\/","url_meta":{"origin":647718,"position":2},"title":"EGPC borrows USD 430 mn from Credit Agricole","author":"enterpriseam admin","date":"11 April 2019","format":false,"excerpt":"Credit Agricole Egypt has granted the Egyptian General Petroleum Corporation (EGPC) two loans totaling USD 430 mn, according to statements from the bank\u2019s managing director Pierre Venas reported by Al Mal. One USD 350 mn loan was issued to EGPC\u2019s refining subsidiary Midor and another USD 80 mn loan was\u2026","rel":"","context":"In "Banking + Finance"","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":640859,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/06\/new-mds-appointed-at-credit-agricole-adib-hdbk\/","url_meta":{"origin":647718,"position":3},"title":"New MDs appointed at Credit Agricole, ADIB, HDBK","author":"enterpriseam admin","date":"6 September 2017","format":false,"excerpt":"MOVES- New MDs appointed at Credit Agricole, HDBK, ADIB: A number of Egyptian Banks announced new appointments yesterday. Those include: Credit Agricole Egypt naming Pierre Finas its new managing director and Assem Fahmy its non-executive Chairman after receiving central bank approval, according to a bourse disclosure. Finas\u2019 appointment was announced\u2026","rel":"","context":"In "Speed Round"","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":638402,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/03\/midor-to-receive-usd-1-2-bn-loan-from-credit-agricole-bnp-paribas-cdp\/","url_meta":{"origin":647718,"position":4},"title":"MIDOR to receive USD 1.2 bn loan from Cr\u00e9dit Agricole, BNP Paribas, CDP","author":"enterpriseam admin","date":"3 October 2017","format":false,"excerpt":"The Middle East Oil Refinery (MIDOR) is set to receive a USD 1.2 bn loan in 1Q2018 from a banking consortium composed of Cr\u00e9dit Agricole, BNP Paribas, and Italian bank Cassa Depositi e Prestiti, an unnamed Oil Ministry official tells Al Shorouk. MIDOR had reached a preliminary agreement with the\u2026","rel":"","context":"In "Banking + Finance"","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":634669,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/21\/credit-agricole-faisal-allocate-egp-500-mn-and-egp-200-mn-to-cbes-mortgage-finance-initiative\/","url_meta":{"origin":647718,"position":5},"title":"Credit Agricole, Faisal allocate EGP 500 mn and EGP 200 mn to CBE\u2019s mortgage finance initiative","author":"enterpriseam admin","date":"21 January 2018","format":false,"excerpt":"The central bank\u2019s Mortgage Finance Fund has signed agreements with Credit Agricole and Faisal Islamic Bank that will see them make EGP 500 mn and EGP 200 mn, respectively, available to financing housing purchases for the mid- and low-income segment, Al Borsa reports.","rel":"","context":"In "Banking + Finance"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647718","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=647718"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647718\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647677"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647718"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647718"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}