Jan 26 2010 |
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Crédit Agricole Egypt adds a 14th branch to its network in one year
CAE pursues its expansion planCAIRO, 26 January 2010, Crédit Agricole Egypt ( CAE ) recently inaugurated Kafr Abdou branch in Alexandria, thus reaching to a total of 14 new branches opened in one year. Strategically located across Egypt, this expansion marks the opening of the first branches in Banha, Tanta and Damietta (in the Delta); in Qena and Minya (in Upper Egypt); as well as in Suez and Sadat City. The plan also included the opening of four new branches in Greater Cairo and three branches in Alexandria. The 14 new branches are equipped with the latest banking facilities designed to accommodate a greater number of customers and facilitate faster transactions.
"We are delighted by our rapid expansion across Egypt and are confident that our commitment to providing convenient services, products and accessibility will increase the size of our customer base. Our growth strategy will allow us to provide our clientele with an unprecedented level of services, thus enhancing their banking experiences. Furthermore, we believe that our branch expansion across Egypt will also create new jobs, thus capitalizing on our commitment to serving the Egyptian economy," said Henri Guillemin, CAE Managing Director.
CAE is continuously strengthening its presence across the country and furthering its client servicing capabilities in order to better serve its clients. In 2008, CAE introduced the Innovative Branch Concept (IBC) to the Talaat Harb Branch as a new banking experience offering faster, friendlier, and more focused financial services. The IBC services include a fast track area- allowing customers to complete certain transactions in less than 15 minutes and a 24 hour self-service zone. Today the IBC is apparent all of CAE 's new branches and will continue being integrated to future openings.
-Ends-
CAE was established when Crédit Agricole SA, a leading global financial institution operating in more than 70 countries, and the Mansour & Maghraby Investment & Development Company (MMID) acquired the Egyptian American Bank and merged the network with Calyon Bank Egypt in September 2006. Today, CAE 's committed team of experts offers a wide range of products and services designed to meet the demands of leading national and regional Corporations, SMEs, and retail clients, as well as high net worth customers. In addition to its network of branches conveniently located throughout the country, Crédit Agricole Egypt offers online banking services for easy access and convenient transactions (www.ca-egypt.com) in addition to its call center (19191) available 24 hours, 7 days a week.
For more information visit www.ca-egypt.com
Or contact:
Rowaidah Bibers at TRACCS Egypt
Tel: (+202) 33046860
Fax: (+202) 33031219
Email: rowaidah.bibers@traccs.net
© Press Release 2010
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