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Credit Agricole Egypt customers' loans increase 12.6% in June 2019
Ahmed Ali Published in Amwal Al Ghad on 06 - 08 - 2019

Customers' loan portfolio in Credit Agricole Egypt grew by 12.6 percent to reach 22.8 billion Egyptian pounds in June 2019 compared to 20.2 billion pounds at the end of 2018 according to the bank financial results.
The bank's personal loans portfolio increased to 6.188 billion pounds in June 2019 compared to 5.829 billion pounds at the end of December 2018.
While the mortgage loans portfolio increased to 12.773 million pounds compared to 10.639 million pounds in December 2018.
Moreover, the bank's syndicated loan portfolio amounted to 3.337 billion pounds in comparison to 3.192 billion pounds.
On the other hand, the bank's net profit registered 1.310 billion pounds in the first 6 months of 2019, versus 1.094 billion pounds in the comparable period.
However, the profits of the Q2 of 2019 posted 608.5 million pounds compared to 488 million pounds with a growth rate of 24.7 percent.

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