Corporate news
Earnings Commentary – Crédit Agricole Egypt [CIEB]
Crédit Agricole Egypt reported a decline in net profits for the first nine months of 2025, recording EGP 5 bn, down 15% compared to the same period last year.
This came despite a 6% increase in loan income and a 19% growth in fee and commission income. The drop in profitability was mainly driven by a 20% rise in deposit costs and a 27% increase in fee and commission expenses.
The bank achieved 15% growth in net loans and a 12% increase in customer deposits, supported by higher demand and time deposits.
Mariam Refek-Equity Analyst
MHany@egy.primegroup.org