How can we help you ?

PRESS ENTER TO START THE SEARCH

Frequently Asked Questions

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.  

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 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.

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)
 

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.
Access all questions
Time Deposit

Adding Value to Time and Money

Time Deposit

Adding Value to Time and Money

Time deposit is a perfect way to save for the short term. We offer competitive returns up to 5.75% and a variety of maturities in local and major foreign currencies.

Features & Benefits

  • Offered to individuals and companies
  • Currency: Local and major foreign currencies
  • Investment periods range from one week to one year
  • Interest payment: Interest is paid at the end of the period
  • Can be used as collateral for a loan, OVD or credit card at preferential rates
  • Time Deposit can be automatically renewed at maturity
  • 24/7 accessibility to your account (Phone Banking, Online Banking and Branches)

Required Documents

For new customers:

  • Copy of National ID Card (passport for foreigners)
  • Recent utility bill
  • Account opening form
  • Application form for the Time Deposit

For existing customers:

  • Digitally while being at home: login to banki Online and choose Accounts> Open Time Deposit; or
  • Visit the nearest branch and fill an application form

Terms & Conditions apply













    An asterisk (*) means required information.

    Quick links

    See all Quick links

    Conventional housing finance

    Green Finance

    Cash Loans

    Get the Excellence Package

    Lavish yourself with a worldwide Concierge service

    Get updated Mutual Funds’ performance