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Home >
Personal Banking > Time Deposit > |
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Emerald Certificates of Deposit
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| | AAIB Emerald Certificates of Deposit in EGP offer a full-range savings scheme with multiple saving options: a One-Stop-Shop catering for all your personal needs. |
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FEATURES
| | You can choose from the widest range of Emerald Certificates with different tenors (from 3 years up to 10 years) and different interest rates (fixed / floating / cumulative) with wide payment intervals (monthly, quarterly, semi-annual, and annually) to suit your personal needs. Over and above you get remarkably competitive interest rates. Certificates are issued in denominations of EGP 1,000 and its multiples. |
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BENEFITS
| | | Highly competitive interest rates (tax exempt). | | Loans are available against the certificates up to a maximum of 90% of their face value except for the 8 years certificate (a maximum of 80% of face value). | | Credit Cards (Visa, MasterCard) can be issued against the Emerald Certificates free of charge for the first year for local credit cards on issuance fees, and 50% discount on issuance fees for International Credit Cards. | | Certificates are available to individuals. | | Certificates can be purchased for minors and on behalf of others. | | Interest can be credited to the clients Current or Savings Account. | | Certificates can be kept in the banks custody. | | Certificates can be redeemed at any time after the first 6 months according to the redemption tables. The obligatory 10% minimum monthly payment of AAIB's Credit Cards balance is waived. |
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3 Yrs |
5 Yrs |
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Monthly |
CBE DR - 0.5% |
CBE DR - 0.375% |
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Quarterly |
9.000% | EGP Cor. -0.50% |
CBE DR - 0.250% |
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Semi-Annually |
N/A |
CBE DR - 0.125% |
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Annually |
N/A |
CBE DR |
* CBE DR = Central Bank of Egypt Discount Rate. Currently 8.5%
* EGP Cor. = EGP Corridor System Bid rate 8.25%
** Value date = 1 week from date of purchase
** Rates are subject to change. To check most recent rates, please call our Call
Center on 19555
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3 Yrs |
4 Yrs |
5 Yrs |
6 Yrs |
7 Yrs |
8 Yrs |
9 Yrs |
10 Yrs |
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Monthly |
10.6250% |
10.7500% |
10.8750% |
11.0000% |
11.1250% |
11.2500% |
11.3750% |
11.5000% |
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Quarterly |
10.7500% |
10.8750% |
11.0000% |
11.1250% |
11.2500% |
11.3750% |
11.5000% |
11.6250% |
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Semi-Annually |
11.0000% |
11.0625% |
11.1250% |
11.2500% |
11.5000% |
11.5625% |
11.6250% |
11.7500% |
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Annually |
11.2500% |
11.3750% |
11.5000% |
11.6250% |
11.7500% |
11.8750% |
12.0000% |
12.2500% |
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Principal+ Interest |
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Bullet |
135% |
150% |
170% |
190% |
210% |
240% |
270% |
300% |
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Effective Compounded
Interest Rate
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10.5250% |
10.6800% |
11.1990% |
11.2950% |
11.1820% |
11.5650% |
11.6690% |
11.6130% |
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| Try out our free online Emerald Calculator to calculate the earned interest |
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