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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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Press Release Q3 – 2020

Crédit Agricole Egypt, 2020 – 9 months Results
Net Profit of EGP 1,031Mln

 

 

 

HIGHLIGHTS ON SEPT. 2020 RESULTS

  •  Net Profit of EGP 1,031 Mln
  •  Return on Assets of 2.6%
  • Return on Equity of 23.5%
  • Strong Capital Adequacy Ratio at 19.02%
  • Earning Assets 88% of total Assets
  • Customer Loans portfolio recorded EGP 27.7 Bln
  • Ongoing good quality of assets NPL at 2.52%.
  • Customer Deposits portfolio recorded EGP 41 Bln
  • Gross Loans to Deposit Ratio of 68%
  • Total Equity of EGP 6.9Bln

 

GLOBAL OVERVIEW
Crédit Agricole Egypt has pursued its commitment and mobilization for its customers and community in light of the
challenging COVID-19 economic crisis, while maintaining the path of its operations with a vigilant approach and in
full alignment with the Central Bank of Egypt’s measures.

For more information, please click here

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