Page 14 - Issue 64

Vol.1 Issue 64 ÉLITE

Mr. Tamer was then asked about treasury Finally, Mr. Tamer responded to Dr.
bills and investment funds. He explained Marwa's inquiry about student loans by
that investing in treasury bills starts at acknowledging that, in the past, they were
25,000 EGP and they can be purchased from granted to the student's guardian (usually
any Banque Misr branch. He proudly noted their parents) and admitted that this
that Banque Misr is one of the leading approach was impractical as the repayment
providers of investment funds in the period was limited to no more than 10
country. He highlighted the bank's months. He affirmed that there are ongoing
prominence in offering investment funds, efforts to improve and develop student loan
particularly the “Day by Day” Mutual fund, offerings to increase their benefits and
which provides its holders with a daily enhance accessibility.
cumulative return, as well as other funds
such as Islamic funds and the "Sandouk Al

Umr." He emphasized the importance of
monitoring fund prices daily to choose the
best investment, noting that they vary
according to stock market fluctuations. He
also mentioned that the bank provides free
credit cards to all customers, with a
repayment period of one year. Mr. Tamer
stressed that the bank strives to build a
strong, trust-filled relationship with
customers, walking together on the path of
sustainable development.

July 2024, p.14