Agricultural Bank of Egypt (ABE) offers a range of savings certificates that give customers the chance to save with varied periodic returns, in different currencies and with different payout frequencies, to meet different customer needs. They include the new Al Khair certificate in EGP and 3-year USD certificates.

First: Al Khair certificate in EGP

ABE's Al Khair certificate is a 3-year savings certificate with a fixed interest rate throughout its tenor and a choice of monthly or annual payout.

Features of ABE's Al Khair certificate

  • Tenor: 3 years.

  • Interest rate: 17.75% a year with monthly payout, and 18% a year with annual payout.

  • Payout frequency: monthly or annual, at the customer's choice.

  • Denomination: from EGP 1,000 and multiples thereof.

  • Interest calculation: starts from the business day after purchase.

  • Early redemption: allowed after 6 months, subject to terms and conditions.

  • Borrowing against the certificate: available, subject to terms and conditions.

  • Required account: a savings account or current account, at the customer's choice, is opened to receive the periodic return.

Documents required to buy ABE's Al Khair certificate

  • A copy of a valid national ID card.

How to buy the certificate

Customers can apply for the certificate at all ABE branches across the governorates. For more information, visit your nearest branch or call the hotline on 19080.

Second: 3-year USD certificates

ABE offers 3-year USD certificates, savings certificates in US dollars with a 3-year tenor and a periodic return paid every 3 months.

Features of the 3-year USD certificates

  • Tenor: 3 years.

  • Currency: US dollar.

  • Interest rate: 4.75% a year.

  • Payout frequency: every 3 months.

  • Denomination: USD 100 and multiples thereof.

  • Minimum purchase: USD 500.

  • Interest calculation: starts from the business day after purchase.

  • Early redemption: allowed after 6 months, subject to terms and conditions.

  • Borrowing against the certificate: up to 80% of the certificate's value.

How to buy the 3-year USD certificates

Customers can apply for the 3-year USD certificates at all ABE branches across the governorates.

The certificates reflect ABE's commitment to offering a variety of savings products in local and foreign currency, with different payout options to suit customers' needs.