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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 5,000 for Quarterly interest payment frequency and multiples of EGP 1,000
  • 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 Corriodr rates.
     

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 10.50%
Quarterly11.00%
Semi-Annually11.25%

Annually

11.50%
Monthly El Kheir10.50%
At MaturityEffective rate 9.80%




5 Years Fixed
Monthly 10.25%
Quarterly10.375%
Semi-Annually​​10.50%
​Annually10.75%​
At MaturityEffective rate 10.00%​

 

3 Years Floating​

Quarterly​​​

1.75% below Corridor Bid Rate (Currently15.00%)

Monthly0.75% below Corridor Bid Rate (Currently 16.00%)

*Certificates of Deposit Interest Rates in USD

TenorInterest Payment FrequencyInterest Rates


3 Years Fixed
Monthly 3.50%
Quarterly3.75%
Annually4.25%

5 Year Fixed
Monthly 4.00%
Quarterly4.25%
Annually5.00%

7 Years Fixed
Monthly 4.00%
Quarterly4.25%
Annually5.00%
Certificates of Deposit Interest ​Rates in EUR
TenorInterest Payment FrequencyInterest Rates

​3 Years Fixed
Monthly 1.45%
Quarterly1.50%
 
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​​​​