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Credit Agricole Egypt Q1 profit up 15 per cent
Credit Agricole Egypt (CAE) reported 1Q2013 net profit of EGP 146 million, up 15 per cent YoY and 47 per cent QoQ. The key reason for the YoY increase in net profit was due to higher operating income (+17 per cent), although it was slightly offset by higher provisioning (+44…
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