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Frequently Asked Questions

  • 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.

  • 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.

  • 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.

  • Returns represent the total net profits or losses (in some types of mutual funds) achieved against the invested amount during a specific period. To view the returns for the mutual funds offered by the bank Click Here

    • 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
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Crédit Agricole Egypt, 1st Quarter 2025 Standalone Financial Results - Press Release

The Board of Directors of Credit Agricole Egypt approved the Bank’s results for the period ending Mar 31, 2025, at its meeting on Tuesday, April 29, 2025.

  • Net Profit at EGP 1,869 million, down -18% Year-on-Year (due to one-off FX income in Mar 24);
  • Customer Deposits reached EGP 94.9 billion, up 12% Year-on-Year;
  • Gross Loans reached EGP 58.3 billion, up 28% Year-on-Year;
  • Current and Saving Accounts to Total Deposits reached 56%, down -2% Year-on-Year;
  • Non-Performing Loans ratio at 2% and Coverage Ratio at 196%;
  • Loans-to-Deposit Ratio at 61%, up +7% Year-on-Year driven by strong loans growth;
  • Resilient Capital Structure, Capital Adequacy Ratio of 21.1%;
  • Return on Average Assets at 5.9% down -2.6% Year-on-Year and Return on Average Equity at 37.5% down -24% Year-on-Year;
  • Cost Income Ratio at 24.8% Up by 8% Year-on-Year;

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