Arab African International Bank (AAIB) offers a range of savings certificates with different returns and tenors, giving customers multiple options to suit their needs and savings goals. The certificates vary by tenor and payout frequency, giving customers flexibility to choose the one that suits them best, whether for periodic income or an upfront return.

AAIB EGP Savings Certificates

AAIB offers a range of EGP savings certificates with tenors from 3 to 10 years and different interest rates and payout frequencies to suit customers' needs. The range includes fixed- and floating-rate options, as well as a certificate with an upfront return, giving customers flexibility to choose the savings approach that suits them, whether periodic income or an upfront return. The minimum purchase varies by certificate type.

AAIB Upfront-Return Certificate

  • Interest rate: 35% of the certificate's value paid upfront, at a cumulative rate of return of 15.44% over three years

  • Tenor: 3 years.

  • Minimum purchase: EGP 1,000, in multiples of EGP 1,000.

  • For individuals only.

  • The full return is paid upfront when the certificate is opened.

  • Customers can obtain a loan against the certificate.

  • The certificate can be redeemed 6 months after its issue date, with redemption amounts deducted from the upfront return.

AAIB Emerald Certificates

Emerald 3-Year Certificate

  • Interest rate and payout frequency:

    • Monthly: 17.75%.

    • Quarterly: 18%.

    • Semi-annual: 18.25%.

    • Annual: 19%.

  • Minimum purchase: EGP 1,000, in multiples of EGP 1,000.

Emerald 5-Year Certificate

  • Interest rate and payout frequency:

    • Monthly: 10.38%.

    • Quarterly: 10.63%.

    • Semi-annual: 10.75%.

    • Annual: 10.8%.

  • Minimum purchase: EGP 1,000, in multiples of EGP 1,000.

Emerald 7-Year Certificate

  • Interest rate and payout frequency:

    • Monthly: 10.31%.

    • Quarterly: 10.56%.

    • Semi-annual: 10.69%.

    • Annual: 10.81%.

  • Minimum purchase: EGP 1,000, in multiples of EGP 1,000.

Emerald 10-Year Certificate

  • Interest rate and payout frequency:

    • Monthly: 10.25%.

    • Quarterly: 10.5%.

    • Semi-annual: 10.63%.

    • Annual: 10.75%.

  • Minimum purchase: EGP 1,000, in multiples of EGP 1,000.

Features of AAIB Emerald Certificates

  • Fixed-rate certificates issued for tenors of 3 to 10 years

  • Customers can obtain secured credit facilities

  • Available to individuals only

  • The certificate can be renewed at the customer's request

  • The certificate can be redeemed 6 months after its issue date

AAIB 3-Year Floating-Rate Certificate

  • Interest rate and payout frequency:

    • 19.25% a year, paid daily.

    • 19.5% a year, paid monthly.

    • 19% a year, paid quarterly.

  • Tenor: 3 years.

  • Minimum purchase: EGP 5,000.

  • Currency: EGP.

  • Target customers: individuals only.

  • The rate is floating and linked to the Central Bank of Egypt's (CBE) overnight deposit corridor rate.

AAIB Floating Plus Certificate

  • Interest rate: 19.25%.

  • Payout frequency: monthly

  • Tenor: 3 years

  • Minimum: EGP 1,000,000, in multiples of EGP 5,000.

  • Available to individuals only.

  • The certificate cannot be redeemed during the first six months from the purchase date, under the terms and conditions.

AAIB USD Savings Certificates

AAIB offers Green Pearls certificates in USD with tenors of 3, 5 and 7 years and a choice of monthly, quarterly or annual payout. The certificates target customers who want to save in foreign currency and earn periodic returns in dollars, with a choice of tenors and access to credit facilities secured by the certificates, subject to the bank's terms.

AAIB Green Pearls Certificates

Green Pearls 3-Year Certificate

  • Interest rate and payout frequency:

    • Monthly: 4.8%

    • Quarterly: 4.85%

    • Annual: 4.9%

  • Tenor: 3 years.

Green Pearls 5-Year Certificate

  • Interest rate and payout frequency:

    • Monthly: 4.6%

    • Quarterly: 4.65%

    • Annual: 4.7%

  • Tenor: 5 years.

Green Pearls 7-Year Certificate

  • Interest rate and payout frequency:

    • Monthly: 3.5%

    • Quarterly: 3.55%

    • Annual: 3.6%

  • Tenor: 7 years.

Features of AAIB Green Pearls Certificates

  • Competitive interest rates in foreign currency

  • Customers can obtain secured credit facilities

  • Available to individuals and institutions

  • Minimum certificate value: USD 5,000

  • Choice of different tenors and interest rates