Crédit Agricole Egypt Reports Strong Q3 2025 Financial Results Despite 15% Annual Profit Decline
Crédit Agricole Egypt Announces Q3 2025 Financial Results
Crédit Agricole Egypt announced that its Board of Directors approved the standalone financial
results for the third quarter of 2025 during its meeting held on October 28, 2025.
The bank recorded a net profit of EGP 5.131 billion, representing a 15% year-on-year decline,
mainly due to exceptional foreign exchange gains recorded in the first quarter of 2024.
Strong Growth in Deposits and Loans
Customer deposits at Crédit Agricole Egypt rose by 27%, reaching EGP 107.1 billion, while
total loans increased by 18% year-on-year to EGP 61 billion.
The loan-to-deposit ratio declined to 56.9%, while the ratio of current and savings
accounts to total deposits stood at 56.5%.
Capital Resilience and Stable Performance
Crédit Agricole maintained a strong capital adequacy ratio of 20.2%, reflecting the bank’s solid
financial position.
The non-performing loan (NPL) ratio remained low at 2.4%, with a coverage
ratio of 172.1%, highlighting the bank’s effective risk management and stable credit portfolio.
Egyptian Economy Supporting Banking Growth
According to the statement, Egypt witnessed a notable economic improvement during
the first nine months of 2025, with real GDP growth reaching 4.5%.
The Central Bank of Egypt’s policies, including an interest rate cut of 525 basis points,
bolstered business confidence and activity, positively impacting Crédit Agricole’s performance in the local market.
Corporate Banking Performance
The corporate banking segment achieved 13% loan growth, reaching EGP 5.2 billion,
alongside a 30% increase in customer deposits.
This performance reflects the strength of client relationships and efficient liability management.
Expansion in Retail Banking
The retail portfolio recorded strong growth, with loans up 28% and deposits up 23%.
Auto loans surged by 128% year-on-year, driven by rising demand and the launch of new products.
Digital Transformation at Crédit Agricole Egypt
As part of its digital transformation strategy, Crédit Agricole Egypt launched a new
version of its mobile application “banki Mobile” to enhance user experience, security, and
convenience.
During Q3 2025, the bank executed over 5 million digital transactions, marking a 49% increase
compared to the previous year.
Additionally, 99% of local transfers were conducted online.
Leadership in Digital and Corporate Services
The number of active corporate clients on the bank’s digital platform rose to 48% of
total clients, with government e-payment transactions increasing by 24%.
The “banki Commerce” e-payment gateway also expanded, surpassing 100,000 e-commerce
transactions since its launch.
International Recognition
Crédit Agricole Egypt received the “Best Customer-Centric Banking Products – Egypt 2024”
award from Global Business Outlook magazine, recognizing its commitment to delivering high-quality,
customer-focused banking services.
Sustainability and Social Responsibility
The Crédit Agricole Egypt Foundation for Development continues to support the
community through four key pillars: education, health, social entrepreneurship, and the
environment.
Since 2017, more than 125,000 beneficiaries have been reached through projects funded with
over EGP 140 million.
The foundation’s initiatives have also provided clean drinking water to over 45,000 residents in Upper Egypt.
Strategic Expansion in Real Estate and Consumer Finance
The Egyptian Mortgage Finance Company, a subsidiary of Crédit Agricole Egypt, announced
the full acquisition of “Just Finance,” a company specialized in consumer finance.
This move aims to broaden the bank’s financial services offering and strengthen
its comprehensive growth strategy in the Egyptian market.
