Fixed EGP Certificates of Deposit

• Receive interest on a monthly basis
• You can choose to have the interest credited to your current or saving accounts
• Benefit from the fixed interest rate throughout the tenor
• Can be issued on behalf of others and minors
• Can be used as a collateral for any credit facility – up to 90% of the CD amount starting from the issuance date
• Available in EGP only
• Fixed CDs can be broken after 6 months
• Minimum certificate value EGP 1,000
• Tenors: 3 or 5 years

Fixed USD Certificates of Deposit

• Receive interest on a monthly, quarterly, semi-annual or annual basis
• You can choose to have the interest credited to your current or saving accounts
• Benefit from the fixed interest rate throughout the tenor.
• Can be issued on behalf of others and minors
• Can be used as a collateral for loans/overdrafts- up to 95% of the CD amount starting from the issuance date
• Available in USD only.
• Fixed CDs can be broken after 6 months.
• Tenors: 3 or 5 years.

Knock Out Certificates of Deposit

• Booked from proceeds of sale of any floating accepted FCY
• Receive interest on a monthly basis
• You can choose to have the interest credited to your current or saving accounts
• Benefit from the fixed interest rate throughout the tenor.
• Can be issued on behalf of others and minors
• Can be used as a collateral for any credit facility- up to 90% of the CD amount starting from the issuance date
• Knockout CDs can be broken after 6 months
• Minimum certificate value is EGP 1,000
• Tenor: 3 years

Variable Certificates of Deposit

• Receive interest on a monthly basis
• You can choose to have the interest credited to your current or saving accounts
• Variable interest rate linked to the Central Bank of Egypt’s corridor rate
• Can be issued on behalf of others and minors
  • Can be used as a collateral for credit cards - up to 90% of the CD amount starting from the issuance date
• Available in EGP only.
• Variable CDs can be broken after 6 months.
• Minimum certificate value is EGP 5,000
• Tenor: 3 years

Cumulative Certificates of Deposit

• Accumulated interest paid on certificate maturity
• You can choose to have the interest credited to your current or saving accounts
• Benefit from the fixed interest rate throughout the tenor
• Can be issued on behalf of others and minors
• Available in EGP only.
• Cumulative CDs can be broken after 6 months.
• Minimum certificate value is EGP 1,000
• Tenor: 3 years.

Step Up Certificates of Deposit

• Ascending interest rate
• Receive interest on a monthly basis
• You can choose to have the interest credited to your current or saving accounts
• Benefit from the fixed interest rate throughout the CD duration.
• Can be issued on behalf of others and minors
  • Can be used as a collateral for any credit facility- up to 90% of the CD amount starting from the issuance date
• Available in EGP only.
• Fixed CDs can be broken after 6 months.
• Minimum certificate value is EGP 1,000
• Tenors: 5 or 7 years