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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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CREDIT AGRICOLE INAUGURATES THE FIRST LEED-CERTIFIED BRANCH IN EGYPT IN MADINATY OPEN-AIR MALL

Cairo, Egypt, October 2023: Credit Agricole Egypt has obtained the LEED certification from the U.S. Green Building Council (USGBC) for its new “Madinaty Open-Air Mall” branch, marking the first retail branch for a bank to receive it in Egypt. The award recognizes the branch’s adherence to rigorous standards and criteria across various categories such as location, materials, indoor quality, innovation, and more.

LEED is a globally recognized symbol of sustainability achievement and leadership, where LEED-certified buildings are designed to minimize the use of energy and water, reduce greenhouse gas emissions, and create healthier environments for employees.

The certification process for Credit Agricole branch was a challenging yet rewarding journey, demanding meticulous attention to detail and unwavering adherence to the stringent standards outlined by the LEED rating system. Every facade of the branch’s design and construction was examined to ensure the highest sustainability standards were met. Additionally, Credit Agricole placed paramount importance on integrating sustainable strategies and cutting-edge technologies from the branch’s inception to its completion. The commitment to implementing a wide array of sustainable solutions was solid, reflecting Credit Agricole’s dedication to minimizing its environmental impact and nurturing a green and sustainable future.

The ripple effects of LEED certification extended beyond the environmental realm, transforming the work environment for employees and customers alike. Incorporating natural light, efficient ventilation, and thoughtfully designed green spaces, the branch achieved a harmonious and comfortable ambiance. This transformation enhanced employees’ productivity and elevated customers’ satisfaction, fostering an overall sense of well-being within the community.

Jean-Pierre Trinelle, Managing Director, Credit Agricole Egypt said: “At Credit Agricole Egypt, we prioritize environmental responsibility as a crucial part of our commitment to the community and future generations. We are in alignment with Credit Agricole group’s mission to combat climate change and achieve carbon neutrality by 2050 on our own footprint and on our investment and financing portfolios. This is evidenced by our active participation in the net zero banking alliance.”

He added: “Our headquarters received the LEED certification in 2016, and today we are proud to be the first bank in Egypt with a LEED-certified branch. It illustrates our social responsibility towards environmental protection, sustainable development and our team members wellbeing. We recognize the importance of combating climate change through reducing our direct carbon footprint. We are determined to certify more branches by LEED going forward. The pursuit of LEED certification underscores our dedication to environmental and social responsibility aligning with Credit Agricole Group’s commitments.”