Sunday 03/Aug/2025 – 09:16 PM
The Commercial International Bank (CIB) revealed the details of investment in the “Asset” Monetary Markets Fund, which invests in a variety of short -term banknotes.
The bank explained in messages to customers that investing in the “Asset” Monetary Markets Fund has become easier and more flexible than ever. You can now buy or sell the box documents around the clock throughout the working days through online banking services or mobile application, in addition to the branches until one o’clock in the afternoon.
What is the “Asset” box?
The “Asset” fund is an investment fund with a daily cumulative return, which invests in a variety of short -term and low -risk banknotes. The box is characterized by a set of advantages:
Daily liquidity: You can buy and recover the box documents daily until 1:00 pm.
Tax exemption: All the fund’s revenues enjoy full tax exemption for all customers, whether they are individuals or companies.
Clear return: The fund provides a daily -long return of short and medium -term investments.
Fund fees and digital services
The fund applies 0.1% subscription fees with a minimum of 50 Egyptian pounds. As for recovery fees, it was canceled starting from February 25, 2024.
Obtaining and recovery services are now available via digital bank channels (online banking services and mobile phone application) throughout the official working days, which provides you with easy ease and comfort in managing your investments.
