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20. Crédit Agricole Egypt
Sector: Banking and financial services
Managing Director: Jean-Pierre Trinelle
Market Value: $416 million
Sales: $262 million
Profits: $78 million
Assets: $2.4 billion
Credit Agricole Egypt provides corporate, retail, and investment banking services. It employs more than 2,576 people across 84 branches. The bank owns 99.99% of the Egyptian Housing Finance Company. In September 2022, the Credit Agricole Group in France increased its shareholding in the bank from 60.45% to 65.25%. In 2022, Credit Agricole Egypt’s net profit increased by 50.2% to $78 million.