- Credit Agricole Egypt

Who is the fund manager and how do they affect performance?

EFG Hermes Asset Management is the fund manager for Credit Agricole I, Credit Agricole II equity funds and Credit Agricole III money market fund. With over 25 years of experience in the Egyptian market, the fund manager makes investment decisions on behalf of the investors based on through research and close monitoring of market conditions. EFG Hermes Asset Management is responsible for the performance of the funds under its management, as they handle the investment part of the fund.

How can I monitor the performance?

All mutual funds announce the Investment Certificate price on a weekly basis, allowing investors to track their performance. Additionally, the fund manager publishes quarterly fact sheets that provide insights into the fund’s performance.

How and when do I subscribe?

You can subscribe by signing a subscription form at any of the bank’s branches across Egypt. Subscription frequency varies depending on the fund type. Some funds offer daily subscriptions, while others provide weekly subscriptions. However, in all cases orders must be submitted before 12:00 pm on any applicable day.

How and when may I redeem?

- Redemption orders can be signed at any of the bank’s branches across Egypt. Redemption frequency varies depending on the fund. Some funds offer daily redemption, while others provide weekly redemption. However, in all cases, orders must be submitted before 12:00 pm on any applicable day

Housing Finance CBE Initiative 12% For Middle Income Clients

Your new home ... the easy way

Housing Finance CBE Initiative 12%

Your new home ... the easy way

Your new home … The easy way

In line with the Central Bank of Egypt’s Initiative. We offer you the housing finance program; it comes in easy steps to start a new life in a new home, free from any complications.

Program Features:

Subsidized Interest Rate: 12%
Loan Duration: Up to 20 years
Loan Ratio: Financing up to 80% of the unit value with maximum amount of EGP 2M
Net Monthly Income of unmarried person: Up to EGP 40,000
Net Monthly Income of married person (Husband and wife): Up to EGP 50,000
Age: Minimum age of 21 years old, and maximum age of 60 years old for employed customers, and 65 years old for self-employed customers at loan maturity
Monthly Instalment: Up to 40% of your net monthly income

Program Benefits:

Subsidized Interest rate
Possibility to include additional income sources
Possibility of co-borrowing with your spouse to increase the loan amount
Free life & property insurance
Evaluating the unit to assess its selling price
Fastest process

Unit Specifications:

Unit selling price: EGP 2.5M
Renovation status Fully finished
Unit type: Residential only (Touristic or Seasonal are not included)

Eligible Customers:

Employed
- Salary transferred to Crédit Agricole Egypt
- Salary transferred to another bank
- Employed with cash payment (no salary transferred to a bank)
Business Owners
Professionals (Doctor, Pharmacist, …etc)

For the required documents for Income and Unit click here

Ask about the approved projects for easier and faster process.

Terms & Conditions apply