AIB Certificates
Arab international bank offers certificates through a lot of choices that satisfy client’s needs.
• To visit our certificates calculator please click here .
Benefits :
• Highly competitive interest rates.
• Flexible interest payment (monthly, quarterly, semiannually, annually) to suit the client’s needs.
• Clients can issue a credit card or take a loan up to 80% of certificate’s value.
• Certificates can be purchased for minors' accounts.
• Interest can be credited to the client’s current or saving account.
• Clients can redeem the frequency EGP certificate any time after 6 months of purchasing date.
• Certificates are available for individuals only.
Kinds of certificates :
1- Fixed rate certificate- 3 years:
• CD value is EGP 1000, minimum purchase value of EGP 5000 with no maximum purchase limit.
• Tenor of the certificate is 3 years.
• Interest payment frequency:
- Monthly 16.25%
- Quarterly 16.5%
- Annually 17%
• Issued for individuals only.
3- Floating rate certificate – 5 years:
• CD value is EGP 1000 and its multiples, with no maximum purchase limit.
• Tenor of the certificate is 5 years.
• Interest payment frequency:
- Monthly: (Bid Corridor)
• Issued for individuals only.
• The certificate has a floating annual interest rate which is modified on the next working day of CBE’s modification of the discount rate.
2- Floating rate certificate - 3 years:
• CD value is EGP 1000 and its multiples, with no maximum purchase limit.
• Tenor of the certificate is 3 years.
• Interest payment frequency:
- Monthly: (Bid Corridor – 1%)
- Quarterly: (Bid Corridor – 0.75%)
• Issued for individuals only.
• The certificate has a floating annual interest rate which is modified on the next working day of CBE’s modification of the discount rate.