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Crédit Agricole Egypt reports 11% profits increase

Crédit Agricole Egypt reports 11% profits increase

ArabFinance:  Crédit Agricole Egypt (CIEB) announced in a statement sent to EGX, the Board of Directors was held on Nov. 06.

The company's BoD approved unaudited financial results for the fiscal period ending Sept. 30, 2019, which revealed posting consolidated net profits of EGP 1.86 billion, compared to posting net profits of EGP 1.67 billion in the same period a year ago, representing 11.2% growth.

Moreover, it posted standalone net profits after taxes of EGP 1.86 billion, versus net profits of EGP 1.67 billion a year earlier, representing 11.5% growth.

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