Emirates NBD Egypt has raised the interest rate on its Premium 3-year savings certificate to 18.50% a year, or 18.00% with monthly payout, for a 3-year term, with a minimum issue amount starting at EGP 500,000.

Premium 3-year savings certificate details

  • Tenor: 3 years.

  • Interest rate: 18.00% fixed with monthly payout.

  • Interest rate: 18.50% fixed with annual payout.

  • Minimum to issue the certificate: EGP 500,000.

  • Multiples: EGP 10,000.

  • Maximum: no cap on the certificate amount.

Premium 3-year savings certificate features

  • Fixed return throughout the certificate's 3-year term.

  • Choice of monthly or annual payout.

  • Certificates can be issued for large amounts with no cap.

  • The certificate can be redeemed after 6 months, subject to the bank's terms.