Annual Deposit — SUEZ CANAL BANK | Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

BANKY NOW 3 Nov 2026
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Annual Deposit

SUEZ CANAL BANK · Deposits · Egyptian Pound · 3.0 · Saturday 10 October 2026 - 03:54 AM

A one-year deposit offering a return of up to 11.75%, payable at maturity, with a minimum deposit of EGP 2,000 and the option to transfer the return to a current or savings account or reinvest it in the deposit.

Annual yield
11.75%
As the bank announces it: 11.75% a year
Term
1 yr
Min. deposit
EGP 2,000
Payout
At maturity

Banky Analysis

Suits you if

  • Grow my savings the most
    • Yield higher than average for this term
  • I want a predictable return
    • Fixed, unchanging return

Not for you if

  • I need monthly income
    • Pays out less frequently
  • Keep my money reachable
  • I may need to break early

All of this is measured against products of up to 12 months in EGP only

Last checked Monday 02 November 2026 - 04:01 PM

Returns

Rate type
Fixed
Payout
At Maturity
Yield by payout
At maturity
Rate tiers
  1. ≥ EGP 2,000 1 yr
    11.75%
    As the bank announces it: 11.75% a year

Amount & term

Deposit type
Time Deposit
Term
1 yr
Min deposit
EGP 2,000
Negotiable
No

Withdrawal & renewal

Early withdrawal
No
Auto-renew
No
Usable as collateral
No
Available online
No
Branch visit required
Yes

Do the maths

Annual Deposit

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Results are estimates for guidance only and may differ from a bank's actual offer.

Our take 3.0

3.0 Banky rating

Pros

  • Low minimum starting at EGP 2,000
  • The return can be added to your current/savings account or to the deposit, based on your request.

Cons

  • Low interest rate compared to other alternatives

Our take

The Annual Deposit from Suez Canal Bank offers a one-year savings option with a return of up to 11.75%, payable at maturity, and a minimum deposit of EGP 2,000. It may suit customers seeking a longer-term investment with a relatively low entry threshold. Customers can choose to transfer the return to a current or savings account or reinvest it in the deposit. However, receiving the return only at the end of the year may not suit customers who need regular income, and committing funds for a full year requires careful planning for financial needs during the term.

A one-year deposit offering a return of up to 11.75%, payable at maturity, with a minimum deposit of EGP 2,000 and the option to transfer the return to a current or savings account or reinvest it in the deposit.

Compare

Alternatives at a glance
Annual Deposit SUEZ CANAL BANK This one Traditional weekly deposit for individuals the united bank Digital Annual Deposit QNB EGYPT Ahlan Annual Deposit saib bank
Annual yield
11.75% 11.5% 11.25% 13.5%
Term
1 yr 1 mo 1 yr 1 yr
Min. deposit
EGP 2,000 EGP 100K EGP 5,000 EGP 1M
Payout
At maturity Upfront At maturity Monthly
Compare with 3 similar deposits

Added Saturday 10 October 2026 - 03:53 AM Updated Tuesday 27 October 2026 - 12:32 AM