Crédit Agricole Egypt (CAE)

19. Crédit Agricole Egypt (CAE)

Sector: Banks & Financial Services
Managing Director: Jean-Pierre Trinelle
Market Value: $463 million
Sales: $421 million
Profits: $157 million
Assets: $2.5 billion

Crédit Agricole Egypt (CAE) provides corporate, retail, and investment banking services. It served over 393,082 customers through 86 branches and 759 ATMs as of March 2025. In October 2024, the bank joined a consortium of 13 banks to provide a $369 million syndicated loan to Telecom Egypt over seven years. CAE owns a 99.99% stake in its only subsidiary, the Egyptian Housing Finance Company. The Crédit Agricole Group in France held a 52.2% stake in the Egyptian unit as of March 2025.