Crédit Agricole H1/2012 Consolidated Net Profits Hit EGP 264.3 Mln

The unaudited financial statements of Crédit Agricole Egypt Bank (CIEB.CA)for the fiscal year ended on 30/06/2012 revealed that the bank has posted net profits of EGP 263.359 million, 82.3% up. Noting that, the bank had posted net profits of EGP 144.478 million during the same comparable period of 2011.

Crédit Agricole’s BOD has approved and ratified the unaudited consolidated financial statements for H1/2012 which revealed posting net profits of EGP 264.282 million, higher 87.8% as it had posted net profits of EGP 140.730 million during H1/2011.