CIB>>Personal>>Accounts>>Certificate of Deposit

Certificate of Deposit

​​​​​​​​​​​​​​​​​​​​​Earn an exceptional rate with CIB Certificates of Deposit now!
 
Certificates of Deposit for individuals – in EGP  ​
  • Medium and long-term depository product with durations of 3 or 5 years*
  • Interest rates calculated on fixed and floating basis
  • Redemption possibility:
    • ​​Allowed after six months of certificate issuance for fixed rate 3 or 5 years certificates
    • Allowed after one year of certificate issuance for floating rate 3 year certificates.
  • Eligibility for secured facility up to 95 % of Certificates of Deposit (CDs) Value*
  • Fixed Interest
    • Certificate duration 3 and 5 years
    • Minimum purchase amount EGP 1,000 and its multiples
    • Calculated and earned monthly, quarterly, semiannually or annually (depending on the certificate’s duration)
  • Floating Interest
    • Certificate duration 3 years
    • Minimum purchase amount EGP 10,000 and multiples of EGP 1,000
    • Calculated and earned on a quarterly basis
  • Cumulative Interest
    • Certificate duration 3 or 5 years
    • Minimum purchase amount EGP 5,000 and its multiples
    • Calculated and earned at maturity

Certificates of Deposit – in Foreign Currencies

  • Medium and long-term depository product with durations of 3, 5 or 7 years.
  • Offered in USD and EUR only**
  • Interest rates are calculated on fixed and floating basis
  • Redemption possibility: allowed after six months of Certificate issuance date for fixed interest and floating interest rate CDs
  • Offered to individuals and corporate customers
  • Eligibility for secured facility reaches up to 90% of CD's value*
  • Fixed Interest
    • Certificate duration 3, 5 or 7 years
    • Minimum purchase amount is USD or EUR** 1000 and its multiples
    • Calculated and earned monthly or quarterly (depending on the certificate's duration)
  • Floating Interest
    • Offered in USD only
    • Certificate duration 5 or 7 years
    • Minimum purchase amount USD 1,000 and its multiples
    • Calculated and earned on a quarterly basis.
 
​Interest Rates:
 
Certificate of Deposits Rates in EGP​
TenorInterest Payment Frequency​Interest Rates
​                



​​3 Years Fixed
Monthly 12.50%
Quarterly13.00%
Semi-Annually13.25%
Annually
13.50%
​Monthly El Kheir12.50%
At MaturityEffective rate 11.80%




5 Year Fixed
Monthly 12.25%
Quarterly12.375%
Semi-Annually12.50%
Annually12.75%
At MaturityEffective rate 12.00​%
Certificate of Deposits Rates in USD
TenorInterest Payment FrequencyInterest Rates


3 Years Fixed
Monthly 2.75%
Quarterly3.00%
Annually3.00%

5 Year Fixed
Monthly 3.25%
Quarterly3.50%
Annually3.50%

7 Years Fixed
Monthly 3.25%
Quarterly3.50%
Annually3.50%
Certificate of Deposits Rates in EUR
TenorInterest Payment FrequencyInterest Rates

​3 Years Fixed
Monthly 1.45%
Quarterly1.50%
 
Required Documents:
 
  • ​CD Application
N.B.: CDs can’t be opened without maintaining an account at CIB
 
For more information, please call 19666 or visit your nearest CIB branch

 
* Certificates are non-renewable automatically
** Euro fixed certificates duration is three years only

Terms and Conditions Apply​​​​