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Frequently Asked Questions

  • Yes. The draw mechanism is cumulative. Every additional EGP 20,000 of fresh funds booked into a CD grants you one extra chance (e.g., EGP 100,000 gives you 5 chances).

  • This offer is exclusively for New-to-Bank customers (including Youth NTB) who increase their fresh funds by a minimum of EGP 20,000 and book it into an EGP Certificate of Deposit.

The cashback payouts will occur in two phases based on when the fresh funds are evaluated:
  • First Phase: Credited during October 2026 (reflecting growth from end-of-September vs. end-of-July).
  • Second Phase: Credited during January 2027 (reflecting growth from end-of-December vs. end-of-September).

Fresh funds are measured by the net increase in your Local Currency Assets Under Management (LCY AUM) across two distinct tracking periods:
  • First Draw: The increase in LCY AUM at the end of September 2026 compared to the end of July 2026.
  • Second Draw: The increase in LCY AUM at the end of December 2026 compared to the end of September 2026.

  • The campaign targets all existing Crédit Agricole Egypt customers, New-to-Bank customers, New-to-Bank customers,
  • And specifically features tailored offers for Youth customers.
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GAFI Hosts Delegation from Crédit Agricole Group and Senior Executives from Crédit Agricole Egypt

The General Authority for Investment and Free Zones (GAFI) hosted a delegation from Crédit Agricole Group’s Corporate Markets Directors Club (Club DME), which brings together the bank’s senior executives from various French regions, in the presence of a number of senior leaders and executives from Crédit Agricole Egypt.

 

The visit aimed to explore investment opportunities in Egypt and review the latest developments in the business environment, as part of the implementation of the Memorandum of Understanding (MoU) signed last year between Crédit Agricole Egypt and GAFI. The agreement seeks to facilitate communication between the Authority and the bank’s clients across 46 countries worldwide, introducing them to the most promising investment opportunities in the Egyptian market.

 

The delegation included Ms. Virginie Grouselle, Head of Corporate Banking at Crédit Agricole France & Head of Club DME delegation; and Mr. Jean-Pierre Trinelle, Managing Director of Crédit Agricole Egypt; along with members of Club DME, which brings together senior bank executives from different capitals and holds regular meetings in the world’s most attractive investment destinations.

 

Mr. Hossam Heiba, Chief Executive Officer of GAFI, emphasized that Egypt has become the natural and logical destination for European investments in Africa, following the elevation of bilateral relations to the level of a Comprehensive Strategic Partnership and the enforcement of the African Continental Free Trade Agreement (AfCFTA), which enables European goods to access African markets without barriers.

He highlighted Egypt’s diverse investment incentives, its unique geographic location connecting three continents, and the availability of a skilled, competitively priced workforce, alongside industrial depth and ease of access to supporting industries.

 

He added that bridging the information gap about the Egyptian market and enhancing investment promotion efforts are key to driving greater European investment inflows to Egypt — a mission supported by international partners from the banking sector and business community, notably Crédit Agricole.

 

Mr. Jean-Pierre Trinelle, Managing Director of Crédit Agricole Egypt, commented “We thank GAFI for this valuable dialogue with Club DME high-level delegation, which reflects the bank commitment to supporting Egypt’s economic growth, facilitating trade, and enabling cross-border investment opportunities. Credit Agricole has had a longstanding presence in Egypt positioning itself as a key partner to support Foreign Direct Investment by leveraging our strong European footprint and global network. “

Ms. Virginie Grouselle, Head of Corporate Banking at Crédit Agricole France & Head of Club DME delegation stated that “We were delighted to meet with GAFI and explore Egypt’s promising investment landscape. Mr. Hossam Heiba’s insights on the country’s legislative and procedural reforms and investment incentives are truly encouraging, reflecting a strong commitment to fostering a supportive business environment. We will convey these valuable insights to our clients exploring opportunities in Egypt”

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