EIB, Crédit Agricole finance France’s energy transition
The European Investment Bank (EIB) and Crédit Agricole have expanded their partnership, launching a €700 million…
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Crédit Agricole
HSBC faces €31.7m penalty after EU court decision
HSBC has lost its challenge against a 31.7 million euro ($33.4 million) fine imposed by the European Union (EU) for…
Credit Agricole shifts from precious metals to carbon markets
Credit Agricole, France’s second-largest listed bank, will transition from trading in precious metals to focusing…
Crédit Agricole buys 7% stake in Worldline
Crédit Agricole purchased a 7 per cent stake in Worldline for an undisclosed price point, to support the joint…
Crédit Agricole Egypt denies talk of due diligence on United Bank
Crédit Agricole Egypt denied a report on Monday it was undertaking due diligence on the potential acquisition of…
Crédit Agricole Egypt consolidated profits reach $81mln in H1
Crédit Agricole Egypt consolidated net profits reached 2.51 billion Egyptian pounds during the first half (H1) of…
Egypt offers initial price by 11.625% of USD dominated sukuk
Egypt offered a preliminary indicative price of around 11.625 percent for benchmark-sized USD sukuk with a…
Saudi Arabia’s PIF collects $5.5 billion with second green bond sale
Saudi sovereign Public Investment Fund (PIF) has secured $5.5 billion through its second sale of green bonds in…
Egypt’s pound nears EGP 27 against dollar in 7 banks
Egypt’s pound currency fell to EGP 26.80 for buying and EGP 26.85 for selling against the U.S. dollar during midday…
Crédit Agricole to buy 60 million shares in Egypt unit – Bloomberg
French bank Crédit Agricole plans to purchase 60 million shares of its unit in Egypt at 6.23 or 7 Egyptian pounds…
HSBC, Citi among banks to manage Egypt’s first Islamic bonds
Egypt has named six international banks, including Citigroup and HSBC Holdings, to manage its first sale of…
Orient Takaful wins Crédit Agricole Egypt’s insurance policy tender
Orient Takaful Insurance Company – Egypt has won an insurance policy tender launched by Crédit Agricole Egypt,…
Crédit Agricole Egypt says profit falls 41.9% in 2020
Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Wednesday a 41.9 percent…
Egypt hires Credit Agricole, Citi, HSBC, Deutsche Bank for U.S. dollar green bonds
Egypt has hired four banks ahead of a potential issuance of U.S. dollar-denominated green bonds, according to a…
France’s Credit Agricole to exit financing of tobacco companies within 3 years
France’s Credit Agricoleannounced that the bank, along with its asset management and insurance arms Amundi and…
Crédit Agricole Egypt net profit after tax falls 36.6% year-on-year in Q1
Crédit Agricole Egypt, part of France’s second-largest bank Crédit Agricole, reported on Wednesday a 36.6 percent…
Orient Takaful Insurance wins Credit Agricole EGP2.7bln insurance policy
Orient Insurance-Egypt has succeeded in renewing an insurance policy to cover Credit Agricole assets, and branches…
France’s Credit Agricole profit falls 16 % during Q1
France's second-largest listed bank by assets posted a 16% drop in quarterly net profit to 638 million euros…
Credit Agricole, insurers in talks to cover assets in Egypt – sources
Credit Agricole, France’s second-largest bank by market capitalisation, is in talks with non-life insurance…
Credit Agricole Egypt 2019 profit jumps 7.2%
Credit Agricole, France's second-largest bank by market capitalisation, reported on Wednesday a 7.2 percent rise…
Credit Agricole-Egypt achieves EGP1.86 mln in 9 months
Credit Agricole Egypt has achieved a net profit of 1,868 million Egyptian pounds during the 1st 9 months of 2019,…
Crédit Agricole Egypt’s net profit hits 1.957bn pounds at end-2017
Crédit Agricole Egypt’s net profit increased to 1.957 million Egyptian pounds at the end of 2017. The bank also…
Crédit Agricole Egypt wins JP Morgan quality awards
Crédit Agricole Egypt announced Monday it has won the quality awards of JP Morgan Chase for the efficiency,…
Crédit Agricole: 9-month standalone net profit rose 54% in Egypt
Crédit Agricole SA says nine-month standalone net profit in Egypt grew 54.09 percent from a year ago, recording 1.5…
Exclusive: shares of 5 banks in Telecom Egypt’s 4G Loan
A consortium of five Egyptian banks will sign the final loan agreement worth 13 billion Egyptian pounds ($735.7…
Crédit Agricole says H1 net profit grows 49.8% in Egypt
Crédit Agricole SA says first-half net profit in Egypt rose 49.8 percent from a year ago to record 941.04 million…
Telecom Egypt in talks with banks for dollar tranche of the 4G loan
Egypt’s state-owned landline monopoly Telecom Egypt is negotiating a $180 million tranche of a loan worth 13…
Crédit Agricole H1 profit rises 49% in Egypt
Crédit Agricole SA posted a 49 percent year-on-year rise in first half profits in Egypt backed by an increase in…
Egyptian pound flotation poses challenges for banks’ 2016 financial positions
The decision of the flotation of the pound towards the end of last year affected all banks in the banking sector…
France’s Crédit Agricole targets higher Egypt market share
French lender Crédit Agricole is planning to boost its market share in Egypt by expanding in small and medium-sized…
Crédit Agricole Egypt has attracted $1 bln since pound float: official
Crédit Agricole Bank-Egypt has collected more than $1 billion since Egypt decided to float its pound on Nov. 3,…
Crédit Agricole 2016 net profit after tax climbs 32% in Egypt
Crédit Agricole SA says net profit after tax in Egypt for 2016 rose 32 percent y-o-y to record 1.37 billion…
European stocks lower on concerns over Trump’s protectionism
Stock markets in Europe were lower early Monday after U.S. President Donald Trump took office and promised to…
Crédit Agricole to secure $30 mln subordinated loan for Egypt unit
Crédit Agricole Egypt has confirmed Tuesday requesting a $30 million subordinated loan from the French parent…
Crédit Agricole Egypt approves $30 million loan from its French parent
Crédit Agricole Egypt's annual general meeting of shareholders has approved a $30 million loan from the French…
Credit Agricole Q3 net profit increases to $2.05 billion
Credit Agricole has restructured its complex business throughout the third quarter, enabling it to set a minimum…
Europe stocks eye higher open on bets of a Clinton victory
European stocks opened higher Tuesday on clearer prospects that Hillary Clinton may become the next U.S. President.…
Crédit Agricole Egypt suspends credit, debit card use abroad
Crédit Agricole Egypt said Tuesday it was suspending use of debit and credit cards abroad as well as all…
Crédit Agricole: H1 net profit after tax rose 31% in Egypt
Crédit Agricole SA says net profit after tax in Egypt rose 31 percent y-o-y to record 632 million Egyptian pounds…
Crédit Agricole, SocGen profit surge on stake sales
French banks Crédit Agricole SA and Société Générale SA reported Wednesday a bigger-than-expected jump in…