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Crédit Agricole in Egypte

Formed in 2006 via successive mergers - Indosuez, CCF, Crédit Lyonnais and Egyptian American Bank – today, Crédit Agricole Egypt is the only French bank operating in Egypt.


Siège de Crédit Agricole Egypte

  • Credit Agricole Egypt (CAE)

    Created in 2006 via successive mergers: Indosuez, CCF, Crédit Lyonnais, and Egyptian American Bank.

    In August 2015, CA Egypt joined the EGX 30 – the Cairo Stock Exchange index: the only French bank operating in Egypt, it is also part of the EGX / ESG S&P sustainability index.

    Historically dedicated to the Corporate market, CA Egypt became a universal bank, with 50% of its net banking income generated on retail market.

    Development of strong synergies to serve Crédit Agricole Group customers, notably with CACIB.

    A solid bank with strong financial fundamentals that enabled the bank to face two crises (in 2011 and 2013) and a devaluation of about 50% of the local currency in 2016, maintaining a high level of profitability (RONE > 40%).

  • Key figures

     Egypt: 100.9 million inhabitants






    386 282 customers
    83 branches
    2 499 employees

    Total assets: 2.7 bn€


     Highlights - Prizes and Awards


    • 10 new branches under the “Banki Store” innovative concept
    • Number of connections on digital channels up by 70% to more than 6 million in 2020
    • Publication of the first integrated sustainability report for 2017-2019
    • “Thank You” initiative in recognition of healthcare professionals
    • Management bodies 25% female
    • Inclusion initiatives spearheaded by the Crédit Agricole Egypt Foundation: initiatives to promote education and support for the healthcare sector as well as the entrepreneurship of young people and women (partnership with the Ministry of Social Solidarity)
    • One of only two banks in the flagship index of the Cairo Stock Exchange (EGX 30)
    • Best Mobile Banking Adaptive Site and Best Digital Trade Finance Service


    Fitch : BB- stable
    (Ratings as of Q1 2021)

     Source: BPI/FIN - Data at 12/31/2020

  • Strategic approach

    MTP 2022 Strategic ambition : be the European bank of reference in Egypt

    • Develop business activities through a systematic approach to digitalization and promoting customer-centric innovation;
    • Accelerate on customer acquisition;
    • Reinforce the bank differentiated positioning on the corporate market and be the leading partner of MNCs and local GEs through the strengthening of expertise and customer satisfaction (e.g. structured finance);
    • Develop new activities in synergy with the Group (Leasing - CAL&F, Wealth Management - Indosuez and Insurance - CAA) to take advantage of market growth dynamics.
  • Governance



    Crédit Agricole Egypt Management

    • Pierre Finas, Managing Director

    BPI Supervision

    • Thierry Marotine - Head of Supervision & Agri Agro and Professional Markets
    • Emmanuel Arribat – Country Supervisor
  • Key economic indicators

    Data 2020FranceEgype




    Population (in millions)



    Population growth rate



    Nominal GDP (in USD billions)

    2 599


    Real GDP growth, annual



    Nominal GDP growth



    GDP per inhabitant, current USD

    39 907

    3 587

    Inflation rate






    Household savings rate



    Budget deficit/GDP



    source : Insee FMI, ECO (Data at end 2020)


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