- Credit Agricole Egypt

What are the risks involved in investing in mutual funds?

can vary depending on the type of mutual fund you invest in, your investment goals, and the market conditions. Here are some key risks associated with mutual funds:

Market Risk
Credit Risk
Interest Rate Risk
Liquidity Risk
Concentration Risk
Reinvestment Risk

It's important to understand the specific risks associated with the type of mutual fund you are considering and to align your investment choices with your risk tolerance, investment objectives, and time horizon.

What are returns and how are they calculated?

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

Mutual fund 1 click here
Mutual Fund 2 click here
Mutual fund 3 click here
Mutual Fund 4 click here

What are mutual funds?

Mutual funds are investment vehicles that pool money from multiple investors to invest in a diversified portfolio of capital market instruments, including equities listed on the stock exchange, treasury bills, treasury bonds, or other securities. Each investor in a mutual fund owns shares of the fund, representing a portion of the overall holdings. These shares are referred to as Investment Certificates, symbolizing the investor’s ownership in the mutual funds. The primary objective of mutual funds is to provide investors with access to a diversified portfolio managed by professional fund managers, reducing risk compared to investing in individual securities. Investors benefit from the collective buying power, professional management, and diversification of the fund, which can be difficult to achieve on their own.

What are the different types of mutual funds?

Mutual funds come in various types, each designed to meet different investment objectives and risk profiles. The main types of mutual funds include:

Equity Funds (Stock Market)
Fixed Income Funds (Medium/Long term Debt Funds)
Money Market Funds (Short term Debt Funds)
Balanced Funds (Hybrid Funds)
Precious Metals Funds (Gold/Silver Funds)

Who is the fund manager and how do they affect performance?

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.

Crédit Agricole Egypt Visa Business Debit Card

Corporate Debit Card from Crédit Agricole

Business Debit Card

Manage your cash efficiently

Enjoy convenient purchasing by using Crédit Agricole Egypt Visa Business Debit Card, which will help you manage your cash efficiently and enjoy your work life balance.

Features & Benefits:

Towards cashless & paperless

Crédit Agricole Egypt Visa Business Debit Card eliminates the need to write checks and use cash to make your business transactions.

Worldwide Acceptance

Visa Business Debit Card is accepted at millions of merchants and is the easiest and fastest way to buy at any of those merchants who accept Visa.

Visibility & Budgeting

All transactions are detailed on the monthly statement, so that you know exactly how much money was spent and for what. This allows you to plan your expenses properly and control your budget, in addition to monitoring your deposits / withdrawals on your corporate accounts through CAE digital channel: banki Online.

Easy cash deposit

Your representatives can deposit cash to your company’s account through our ATMs 24/7, including official holidays and weekends.

Validity

Crédit Agricole Egypt Business Debit Card is Valid for 4 years and the card is renewed automatically.

Services:

Secured online transactions:

Through Crédit Agricole Egypt Business Debit Card, you can shop online easily and safely- as One Time Password (OTP) will be sent to your registered mobile number with every transaction at 3D secure participating merchants.

Wave & GO Contactless service:

Save your time & enjoy faster daily small shopping errands, just by a simple wave with your contactless card! You’ll pay with no need to insert the card in the POS for every transaction type your PIN code every time, SMS will be sent to you with the transaction details post payment to ensure your safety security.

Contactless service is offered to all Crédit Agricole card holders (Credit, Debit, Local, international, primary & Supplementary)
Maximum Contactless transaction amount without entering a PIN code is EGP 600 or its equivalent in foreign currency with maximum daily count of 5 contactless transactions, all rest of transactions will require inserting the card inside the POS and typing the PIN code.

Offers & Discounts

Enjoy a wide range of travelling, dining, shopping and lifestyle offers upon using your new Crédit Agricole VISA Business Debit Card; you can easily check the updated offers through: offers & discounts page.

For more information about Crédit Agricole Business Debit Card fees, please check the bank tariff on our official website.

Terms & Conditions apply.