Crédit Agricole Egypt’s H1/2012 Net Profits 87.8% Up

The business results of Crédit Agricole Egypt Bank (CIEB.CA) for the first half of 2012 have reported net profits of EGP 264.282 million, an increase of 87.8%. Noting that the bank had posted net profits of EGP 140.73 million during H1/2011.

Moreover, the bank’s standalone business results for H1/2012 reported net profits of EGP 263.359 million, compared to H1/2011 net profits of EGP 144.478 million.