Crédit Agricole Egypt launches eco-friendly contactless payment cards, the first in Egypt

EGYPT – Crédit Agricole Egypt, a financial service provider, has announced the launch of the first eco-friendly contactless payment cards in Egypt, in cooperation with the German company Giesecke+Devrient (G+D). This comes as part of Crédit Agricole Egypt’s strategy based on sustainability and innovation and confirms its social responsibility and contribution to the global efforts in combating climate change. As part of this, the bank is actively pursuing bringing in the latest green technologies and products as part of its activities. It is also part of G+D’s approach for the…

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PAS secures funds from Crédit Agricole Egypt to finance aircraft purchase

EGYPT – Petroleum Air Services Company has signed a medium-term credit facility agreement with Crédit Agricole Egypt through which the bank will secure financing for the company’s purchase of a new helicopter. The signing ceremony was presided over by the Managing Director of Crédit Agricole Egypt Pierre Finas, and the Chairperson and Managing Director of PAS, General Yehia Hussein. According to the signed agreement, Crédit Agricole Egypt will provide a medium-term loan to be repaid over a period of five and a half years, which shall cover 80% of the…

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