Emerald Certificates

Of Deposits

Arab African International Bank - Emerald Certificates of Deposits

Arab African International Bank’s Emerald Certificates of deposit in EGP offer a comprehensive range of savings plans, with a variety of options that caters exclusivity to all your personal needs. 

Benefits

  • Highly competitive interest rates (Tax Free)
  • You can choose from a wide range of Emerald certificates with different tenors ranging from three to ten years and different interest rates (Fixed CD / Floating CD/ Fixed & Floating CD) with different tenors ranging from 3 to 10 years and different interest rates. 
  • Flexible interest payment frequencies (Daily, Monthly, Quarterly, Semi-annually, Annually and Cumulative) to suit your personal needs
  • Certificates are issued in denominations of EGP 1,000 and their multiples with minimum issuance EGP,5000
  • Enjoy the benefits of our new proposition Value Plus secured loan programs, which offers you the best of two worlds: Save & Live
  • You can issue a secured credit Card (Visa ,MasterCard ) up to 97% of the certificates of deposit’s value 
  • Take an overdraft up to 90% of the deposit’s value
  • Interest can be credited to the client’s current or saving account
  • Purchased by indivisuals including minors
  • Certificates can be redeemed after the first six months of issuance, according to the bank redemption table
Tenor    /    Frequency                3YRS 4YRS 5YRS 6YRS 7YRS 8YRS 9YRS 10YRS
Monthly 10.5000% - 10.3750% - 10.3125% - - 10.2500%
Quarterly 10.7500% - 10.6250% - 10.5625% - - 10.5000%
Semi - Annually 10.8750% - 10.7500% - 10.6875% - - 10.6250%
Annually 11.0000% - 10.8750% - 10.8125% - - 10.7500%
Bullet (P+%) 33% - 54% - 77% - - 110%
11.0625% - 10.8750% - 10.9375% - - 11.0000%

 

 

Redemption 3 YRS - 5 YRS - 7 YRS - - 10 YRS
Year 1 2.7500%   3.0000%   3.2500%     3.5000%
Year 2 2.2500%   2.7500%   3.0000%     3.2500%
Year 3 2.0000%   2.2500%   2.7500%     3.0000%
Year 4     2.0000%   2.2500%     2.7500%
Year 5     1.7500%   2.0000%     2.5000%
Year 6         1.7500%     2.2500%
Year 7         1.5000%     2.0000%
Year 8               1.7500%
Year 9               1.5000%
Year 10               1.2500%

Above rates are in EGP and effective 6th of January, 2021 for Value Sunday 10th of January, 2021

Value date first working day of the next week of CDs purchase date
Rates are subject to change. To check most recent rates, please call our Call Center on 19555 

 

Check the flyer here

For more information call
19555 (24 h / 7 days) or +202 26733107

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