Earn an exceptional rate with CIB certificates of deposit now
1- Certificates of Deposit for Companies – in EGP
• A medium and long-term depository product with durations of 3 or 5 years*
• Fixed interest rates calculated and earned monthly, quarterly or annually
• Minimum purchase amount EGP 100,000 and multiples of EGP 10,000
• Redemption is allowed after six months of Certificate issuance.
• Eligibility for secured loans reaches up to 95 % of CD's value**
2- Certificates of Deposit – in Foreign Currencies
• A 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.
N.B: CDs can’t be opened without maintaining an account at CIB
- CD Application
For more information, please call 19666 or visit your nearest CIB branch
* Certificates are non-renewable automatically
**Terms and conditions apply
*** Euro fixed certificates duration is 3 years only