Credit Agricole Bank supported its efficiency ranking with top positions in profitability indicators, ranking third with a return on average assets of 3.55% and seventh in the return on average equity index at around 25.81%.
The bank achieved a net profit of EGP 2.4bn, with an average equity of EGP 9.3bn and average assets of around EGP 67.7bn. Despite a high Loan-to-Deposit Ratio at 56.9%, ranking eighth, the bank maintains a high ratio of tier-1 capital adequacy at 16.4%. Risk-weighted assets represent 60.7% of total assets, with foreign currency assets accounting for only 25%. The bank also invests EGP 13bn in treasury bills and around EGP 13.5bn with the central bank.