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Floating Certificates Of Deposits

Floating Certificates of Deposits

Seize a golden opportunity with the Bank's Floating Certificates of Deposit in Egypt.


  1. Certificates available in EGP
  2. Competitive interest rates
  3. Possibility of borrowing against certificates
  4. Interest payments can be credited direct to current or savings accounts
  5. Minimum initial purchase EGP 5,000 Minimum additional purchases of EGP 1,000 (or multiples of)
  6. Flexibility to choose to have the interest calculated monthly or quarterly or annually
  7. Payment Method: direct from a current or saving account in Egypt
  8. Start Date for interest calculation: next working day after purchase
  9. Redemption: not allowed before six months from date of purchase and to be according to Central Bank of Egypt approved redemption rules

Interest Rates

  1. 3 years with 13% annual floating interest rate* paid monthly
  2. 3 years with 13.25% annual floating interest rate* paid quarterly
  3. 3 years with 13.50% annual floating interest rate* paid annually
*Annual Floating rate is subject to change according to Central Bank of Egypt Discount rate


  1. Egyptian Nationals and expatriates in Egypt
  2. Egyptian Nationals residing in the UAE

Required Documents

  1. CD application
  2. Account opening documents according to our account opening policies and procedures

Fees and Charges

For more details contact our call center 19977 or visit any branch.

Terms and Conditions

• No maximum purchase limit
• Tenor of certificate is 3 years
• No cheques can be drawn against the certificate
• The certificate is issued to individuals only
• The certificate is nominal and can’t be sold on or transferred
• Returns are calculated as of the next business day post purchase
• The certificate has a floating annual return linked to the CBE discount rate
• The certificate shall not be refunded until at least six months post purchase
• In case of a redemption request, the original certificate must be provided to the issuing branch
• Returns are added at the end of each term according to the selected payment frequency (monthly or quarterly or annually)
• All credit facilities granted against the certificate as well as their interest to be settled in full before redeeming the certificate
• Borrowing guaranteed by the certificate is acceptable in the name of the certificate owner or a third party under the terms and conditions determined by the Bank
• Certificate will be issued as per the announced interest rate on the day of purchase (where the interest rate is changes as per the CBE discount rate at the time)
• The Bank has the right to renew the certificate as per the announced interest rate and conditions on the day of renewal unless the customer notifies the bank with other instructions at least one month prior to the certificate maturity date
Return is calculated in the redemption situation as follows:

Discount rate from the return rate starting from the date of purchase till the date of redemption

  • After the 1st 6 months and during the 1st Year
  • During the 2nd Year
  • During the 3rd Year
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Savings Accounts

We have a range of savings accounts to meet your individual needs.

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Credit Cards

We offer a wide range of credit cards with great benefits and protection. Compare our cards for more details.

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Foreign Exchange

If you are a savings or current account holder, you can buy major foreign currencies or transfer foreign exchange at attractive exchange rates in all our branches.


Egypt Helpline


International Helpline

+20 2 19977

+20 2 240 75360

Working Hours

Sunday to Thursday
8:30 am to 2:00 pm

Mall Branches

Sunday to Thursday
10:30 am to 4:00 pm

Regional Office


143, Banks Zone, New Cairo,

P.O. Box 278, Fifth Settlement,

Cairo 11835




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