With the Central Bank of Egypt's Monetary Policy Committee meeting approaching, fixed-return savings certificates are gaining importance, especially as customers look for savings products that guarantee them a set return throughout the certificate's term. In this report, we review the highest-yielding fixed-rate 3-year savings certificates with annual payout available at banks ahead of the upcoming meeting's decisions, setting out the interest rates and key details of each certificate.

1- Emerald 3-year certificate from Arab African International Bank (AAIB)

  • Interest rate: 19%

  • Minimum to open the certificate: EGP 1,000

2- 3-year certificate from Bank NXT

  • Interest rate: 18.5%

  • Minimum to open the certificate: EGP 1,000

3- Mid Elite certificate from MIDBANK

  • Interest rate: 18.5%

  • Minimum to open the certificate: EGP 100,000

4- Primo certificate from Banque du Caire

  • Interest rate: 18.5%

  • Minimum to open the certificate: EGP 1,000

5- 3-year fixed-return savings instrument from Arab Bank

  • Interest rate: 18%

  • Minimum to open the certificate: EGP 1,000,000

6- Diamond Plus certificate from Housing & Development Bank (HDB)

  • Interest rate: 18%

  • Minimum to open the certificate: EGP 250,000

7- Al Khair certificate from Agricultural Bank of Egypt (ABE)

  • Interest rate: 18%

  • Minimum to open the certificate: EGP 1,000

8- 3-year certificate from QNB Egypt

  • Interest rate: 17.65%

  • Minimum to open the certificate: EGP 1,000

9- Al Motamayeza certificate from Export Development Bank of Egypt (EBE)

  • Interest rate: 17.5%

  • Minimum to open the certificate: EGP 1,000

10- 3-year certificate from Attijariwafa Bank

  • Interest rate: 17%

  • Minimum to open the certificate: EGP 20,000

11- Luxury certificate from Housing & Development Bank (HDB)

  • Interest rate: 17%

  • Minimum to open the certificate: EGP 1,000.