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  • 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

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Crédit Agricole Egypt and Visa renew their partnership

Cairo, June 9, 2021 – Crédit Agricole Egypt has announced signing a new five-year partnership agreement with Visa. During the signing ceremony.

Crédit Agricole Egypt was represented by the Managing Director Jean-Pierre Trinelle and Deputy Managing Director Walie El-Din Lotfy. From Visa’s side, Ahmed Gaber, Visa’s General Manager for North Africa, and Malak El Baba, Visa’s Country Manager for Visa Egypt, represented the digital payment technology company. With the new agreement, Visa and Credit Agricole will continue to cooperate to provide the best and innovative cards payment solutions.

 

Commenting on the new partnership, Jean-Pierre Trinelle, said: “at Credit Agricole Egypt, our priority is our customer’s satisfaction, while ensuring the bank’s continuing growth. Therefore, we are proudly extending our 17-year cooperation with Visa to open up new horizons in cards payment services and thus further meet our clients’ needs and expectations. In turn, Credit Agricole Visa Cards will be the preferred means of payment of our customers and will lead to a more sustainable relationship. In addition, offering innovative solutions will cement the leadership of Crédit Agricole Egypt in the field of digital payments.”

 

For his part, Walie El-Din Lotfy, said: “We seek innovation throughout all our offerings to create a real customer-value as a business driver and a support to the community. Thanks to this extended partnership, Visa will continue to support Credit Agricole Egypt to  provide more innovative solutions, out of which inside closed communities where we are the first bank in Egypt to support financial inclusion by converting plastic membership cards into payment cards in some specific communities.

 

Ahmed Gaber, Visa’s GM for North Africa, said: “Digital transformation and the use of digital payments have become necessary in modern day to day living. The ease and speed of which transactions are made is what consumers increasingly expect and what businesses need to offer to thrive. From this standpoint, Visa has been working with its partners in the financial and banking sector to support financial inclusion for all clients, from retail banking customers, to SMEs, and corporates. We will continue to introduce new programs and provide the necessary resources to give individuals and businesses the digital capabilities for today’s world and for the future.”

 

For her part, Malak El Baba, Visa’s Country Manager for Egypt, expressed her pride in the partnership with Crédit Agricole Egypt, noting that the renewed cooperation will enable them to continue offering more innovative digital payments solutions to the bank’s cardholders.

She added: “The fruitful cooperation between the two establishments has gone through important milestones, including: the launch of the first Visa Infinite credit card in the Egyptian market.  The new partnership is a testimony of their confidence in Visa’s innovative products and services, and we look forward to more successes in our journey with Crédit Agricole Egypt to provide cardholders secure, convenient and reliable digital payment solutions.”

 

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