The Agricultural Bank of Egypt (ABE) offers a variety of time deposits with terms ranging from 7 days to 3 years and interest rates of up to 8.75% depending on the term, with interest paid at maturity. The deposits are designed to meet customers' varied needs by offering multiple savings options that help them invest their savings and organize their financial plans in line with their goals and needs, subject to the terms and conditions announced by the bank.
Deposit details and features:
Deposits are available for terms ranging from 7 days to 3 years.
Minimum deposit: EGP 1,000.
Interest is paid when the deposit matures.
Customers can choose the deposit term to suit their needs and financial plans.
The interest rate is set according to the deposit term and the terms announced by the bank.
A range of terms suits customers looking to invest for the short, medium or long term.
Deposit terms and interest rates:
7 days to under 15 days: interest rate 4.25%.
15 days to under one month: interest rate 5.25%.
One month to under two months: interest rate 7.75%.
Two months to under 3 months: interest rate 7.75%.
3 months to under 6 months: interest rate 8%.
6 months to under one year: interest rate 8.25%.
One year to under two years: interest rate 8.25%.
Two years to under 3 years: interest rate 8.50%.
3 years: interest rate 8.75%.
ABE aims to offer a variety of savings solutions that meet customers' needs and help them invest their savings efficiently, with deposits available for terms from 7 days to 3 years at interest rates that vary by term. Interest on these deposits is paid at maturity, helping customers plan their finances and organize their savings in line with their needs and future goals, with each customer able to choose the term that suits them under the bank's terms and conditions.


Comments
No comments yet. Be the first!