Money

Market Desk

Time Deposits

AAIB offers deposits that range from 1 week to 1 year, in Egyptian Pounds and other major foreign currencies. Interest rates are fixed until maturity of the deposit. Minimum amount is EGP 10,000 or US$ 3,000 or equivalent (Daily rates are available on request.) 

Green Pearls

These are Time Deposits denominated in US Dollars, Euros and Sterling pounds.Tenors of deposits are 2 and 3 years. Minimum amount is US$ 5,000 or equivalent in Euros or GBP.Interest rates are fixed and paid monthly, quarterly, semi-annually or annually (Daily rates are available on request.)

Treasury Bills

These are short-term debt instruments issued by the CBE (Central Bank of Egypt) on behalf of the Ministry of Finance. T-Bills are issued with maturities of 3, 6, 9 and 12 months. This instrument is highly liquid and provides the possibility of using developed secondary markets. Minimum amount: EGP 25,000 (Daily rates are available on request)