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Certificates 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
  • Certificates are renewed upon customer request.

Redemption:

  • Partial or full redemption is ​​allowed after six months of certificate issuance for fixed rate 3 or 5 years certificates.
  • Partial or full redemption is 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 interest payment frequency)

 

Floating Interest 

Certificate duration 3 years

​Minimum purchase amount:

  • EGP 6,000 for Monthly interest payment frequency and multiples of EGP 1,000
  • Floating CDs applied interest rates are subject to change in line with CBE Corridor rates.
  • If interest payment falls on an official holiday or weekend, they will be included in the month’s number of days and in the interest calculation for that month. The settlement will be with the last interest payment on the certificate’s due date.

 

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
  • Euro fixed certificates duration is three years only
  • Interest rates are calculated on fixed and floating basis
  • Redemption. 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
  • Minimum purchase amount is 1000 and its multiples USD or EUR
  • Calculated and earned monthly, quarterly and annually​ (depending on the certificate’s interest payment frequency)
  • Certificates are renewed upon customer request.
 
Certificates of Deposit Interest Rates in EGP​
TenorInterest Payment Frequency​Interest Rates
​                



​​3 Years Fixed
Monthly 09.50%
Quarterly09.75%
Semi-Annually10.00%

Annually

10.25%
Monthly El Kheir09.50%
At MaturityEffective rate 9.16%




5 Years Fixed
Monthly 09.25%
Quarterly09.50%
Semi-Annually​​09.75%
​Annually10.00%​
At MaturityEffective rate 08.32%​

3 Years Floating​

Monthly

 

1.75% below Corridor Bid Rate (Currently 11.50%)​

*Certificates of Deposit Interest Rates in USD

TenorInterest Payment FrequencyInterest Rates


3 Years Fixed
Monthly 2.50%
Quarterly2.65%
Annually3.00%

5 Year Fixed
Monthly 2.50%
Quarterly2.65%
Annually3.00%

7 Years Fixed
Monthly 2.50%
Quarterly2.65%
Annually3.00%
Certificates of Deposit Interest ​Rates in EUR
TenorInterest Payment FrequencyInterest Rates

​3 Years Fixed
Monthly 0.50%
Quarterly0.75%
 
Required Documents:
 
  • ​CD Application
N.B.: CDs can be opened only in case of maintaining an account at CIB
 
For more information, please call 19666 or visit your nearest CIB branch

 


 
Terms and Conditions Apply​​​​