Deposits

Attijariwafa bank Egypt has a wide variety of Time Deposits and certificates of deposit to help you save for the short term and medium term. Choose the period (from 1 month to 5 years) and choose the most convenient interest pay-outs (monthly, quarterly, annually or at maturity).

• Offered in one, three, six or twelve month’s investment terms in Egyptian Pounds and up to 3 months in major foreign currencies.
• A guaranteed interest rate is offered and varies depending on the amount of the deposit, which means that higher balances will be awarded higher interest rates.

Upfront local currency certificate of deposit allows our customers to take their interest on the first day of booking the certificate.
Certificate Features:
• Duration: 3 years
• Interest Payment frequency: Interest is paid in full for the 3 year duration on the first day of booking.
• Currency: EGP
• Minimum amount for Certificate purchase is EGP 20,000.
• Secured facilities: Available against the Certificate of Deposit

For further information, please contact us on 16222

• Offered in twelve month’s investment terms in Egyptian Pounds only.
• A guaranteed flat fixed interest rate is offered yearly.
• No penalty for withdrawal before maturity, tiered interest rates will be paid for different quarters for the balance amount.

• Offered in twelve month’s investment terms in Egyptian Pounds only.
• A competitive guaranteed flat fixed interest rate is offered
• An early breaking fee of 3% from the withdrawn amount for all withdrawals before maturity.

• Duration is 3 years starting from the first business day after certificate purchase.
• Competitive interest rates are offered and vary according to interest payout (Monthly – Quarterly – Annually – at Maturity).
• Interest rate is fixed throughout the certificate period.
• Minimum breakage period is 6 months; no withdrawal can be made during the first 6 months.
• Minimum amount for Certificate purchase is EGP 20,000.

  • Certificate of Deposit (CD) rate is variable based on the Central Bank of Egypt (CBE) bid corridor rate.
  • 3 Years Variable Interest Pricing: (20.50% Monthly, 21% Quarterly, 22% Annually)
  • Currency: EGP
  • Monthly Maintenance Fee: N/A
  • Balance Drop Penalty Fee: N/A
  • CD for individuals
  • CD cannot be broken before 6 months (holding period)
  • Secured Variable Loan eligibility up to 95%

Penalty fees are shown in the table below to be deducted from the collected interests:

Certificate Type Breakage Penalty (after six months)
1st Year

(after six months)

During the

2nd Year

During the

3rd Year

3 Years Golden Variable Interest Saving Certificate 3% 2% 1%

 

Type Tenor Customer rate Rate calculation
3 Years Golden Variable Interest Saving Certificate Monthly 0.75% less than CBE bid corridor rate = 20.50 % Interest is  accrued daily and paid at the end of the tenor and the principal is paid on maturity date
Quarterly 0.25% less than CBE bid corridor rate = 21 %
Annually 0.75% above CBE bid corridor rate = 22 %

Click here for Terms & Conditions 

For Related Variable Secured Loan Application, Terms & Conditions click here 

 

• Overdraft is lending against Time Deposits and Saving Certificates.
• Lending up to 95% of blocked amounts.
• Competitive Overdraft debit interest is calculated daily and debited monthly
Apply now Call 16222