Middle East and North Africa (MENA)
Authorised to operate as a fully-fledged bank in May 2007, Crédit Agricole CIB in Algeria offers local and international clients a broad palette of commercial banking, cash management and trade finance services.
Established in 1977, Banque Saudi Fransi (69.9 % owned by Saudi shareholders and 31.1 % by Crédit Agricole CIB) covers three regional offices located in Jeddah, Riyadh and Al Khobar, and 83 full-fledged branch offices (of which 13 are fully Islamic-oriented) throughout the country along with 18 ladies sections and 5 self service branches. The bank offers tailored financial services, such as securities trading in the world's main financial markets and access to a wide range of mutual funds, to clients active throughout the Arab-speaking world.
United Arab Emirates
Crédit Agricole CIB was one of the first foreign banks to establish operations in the MENA region. Our long history (40 years) and in-depth knowledge coupled with strong commitment to this region have enabled us to form strong, lasting relationships with our clients. Crédit Agricole CIB is present in below countries covering the whole MENA region: -UAE (regional hub) – Abu Dhabi and Dubai -Algeria -Saudi Arabia (Bank Saudi Fransi – an affiliate with whom we have a strategic partnership) Crédit Agricole CIB works with Crédit Agricole Egypt and Crédit du Maroc to provide clients with solutions in Egypt and Morocco. Crédit Agricole is also present indirectly in Lebanon via CA Indosuez Switzerland (Lebanon) SAL.