Three-years Certificate
Savings Certificates with fixed frequently interest
3-years saving certificate with fixed frequently prepaid interest of 11% earned monthly.
3-years saving certificate with fixed frequently interest of 11.5% earned quarterly.
3-years saving certificate with fixed frequently prepaid interest of 12% earned yearly
1 - The certificate shall be issued in the denomination of EGP 1000 and its multiples.
2 - Issued for natural persons and allowed to minors in their names under guardianship of their parents.
3 - The holder of certificate is allowed to take out a loan with a lending rate up to 80% of the nominal value of certificate as a guarantee and with a debit return of 4% above the certificate's price.
4 - The interest shall be calculated as of the following date of purchase.
5 - Redemption is allowed after 6 months following the date of purchase and shall be made according to the table published by the Bank.
Certificate with variable rate
- Nominal certificate at the CBE (current corridor deposit rate) paid monthly.
- Nominal certificate at the CBE (current corridor deposit rate) + 0.25% paid every 3 month.
1 - The interest is calculated starting from the next working day after purchase.
2 - Certificate's price: EGP 1000 and its multiples without maximum limit.
3 - CD can be purchased in name of minors by their legitimate guardians.
4 - The CD can be completely or partially redeemed after 6 month.
Five-years Certificate (Tomouh)
- A5-years fixed interest rate certificate
Interest Payment Frequency Interest Rates
Monthly 9.50%
Quarterly 9.65%
Semi-Annually 9.75%
Annually 10.00%
Cumulative 61.00%
- Interest rates are calculated as of the day of purchase.
- Minimumpurchase amount EGP 1,000 and its multiples without a maximum limit.
Ten-years Certificate (Tharaa)
- A10-years fixed interest rate certificate
Interest Payment Frequency Interest Rates
Monthly 10.00%
Quarterly 10.10%
Semi-Annually 10.25%
Annually 10.50%
Cumulative 171.00%
- Interest rates are calculated as of the day of purchase.
- Minimum purchase amount EGP 1,000 and its multiples without a maximum limit.