SAVING INSTRUMENTS

 

Current Accounts: -

  • Transfer from the current account to any  account.

  • Withdrawal from any of the Bank's branches.

  • Collecting the client's cheques.

  • Opening a joint current account for more than one person.

  • 3% Creditor return on the balances more than LE 100 thousand during the month.

Saving Certificates ( Offered to Individuals ): -

  • Three Year EL Tanmya Saving Certificates with yearly revenue 10.75 % .

  • Three Year EL Tanmya Saving Certificates with semi-annual revenue 10.5 %

  • Three Year EL Tanmya Saving Certificates with 3 month revenue 10.25 %

  • Three Year EL Tanmya Saving Certificates with monthly revenue 10 %

  • Three Year Silver Saving Certificates with monthly revenue .

  • Three Year Golden Saving Certificates with semi-annual revenue.

  • Three Year Future Saving Certificates with accumulated revenue. 

  • Three Year  Saving Certificates in denomination of  LE. 100 and its multiples with semi-annual revenue at an interest rate 9.5 %.

  • Five Year  Saving Certificates in denomination of  LE. 500 and its multiples with semi-annual revenue at an interest rate 9.5 %.

 

 Three Year Silver Saving Certificates
  ( with monthly revenue )
  • The certificate is issued in denomination of  LE. 1000 and its multiples.

  • The certificate is nominal, with three year term and renewable .

  • Offered to individuals only .

  • Certificate's value can be refunded after 6 months.

  •  Interest rate on the certificate is 7% for the first year, 8% for the second year and 9% for the third year.

  • Providing loans on security of the certificates .

  • Certificates holders have the priority to obtain the Bank's soft loans.

  • The client can keep the certificates at the Bank without any charges.

  • The client can withdraw the interest from any of the Bank's branches.

  • The client can transfer the interest to the current account & saving account   . 

 

 Three Year Golden Saving Certificates

(with semi-annual revenue)

  • The certificate is issued in denomination of  LE. 1000 and its multiples.

  • The certificate is nominal, with three year term and renewable .

  • Offered to individuals only .

  • Certificate's value can be refunded after 6 months.

  •  Interest rate on the certificate is 7.5% for the first year, 8.5% for the second year and 9.5% for the third year.

  • Providing loans on security of the certificates .

  • Certificates holders have the priority to obtain the Bank's soft loans.

  • The client can keep the certificates at the Bank without any charges.

  • The client can withdraw the interest from any of the Bank's branches.

  • The client can transfer the interest to the current account & saving account   . 

Three Year Future Saving Certificates

(with accumulated revenue)

  • The certificate is issued in denomination of  LE. 1000 and its multiples.

  • The certificate is nominal, with three year term.

  • Offered to individuals only .

  • The certificate's purchase value is LE. 794.

  • The certificate's recovery value is LE. 1000.

  • Certificate's value can be refunded after 6 months.

  • Providing loans on security of the certificates .

  • Certificates holders have the priority to obtain the Bank's soft loans.

  • The client can keep the certificates at the Bank without any charges.

 

 Saving Account

      a) In Egyptian Pound .

  • The interest rate is7.5 % ( 12 month ),7 % (6 month ) .

  • Opening the account with minimum deposit amount LE. 500 .

  • Withdrawal and deposit from any of the Bank's branches .

  • No maximum limit for withdrawal and deposit .

  • Accepting transfers to the account .

  • Opening saving account for individuals .

  • Interest on the accounts are deposited annually on 31/12 .

       b) In USD

          The interest rate is 0.1875 % ( 12 month ), 0.1250 % (6 month )

Deposits   

The Bank opens time deposits for a period between 7 days up to one year in EGP,USD&EURO, with benefits as  follows:

 

CATEGORY / DURATION

1 M 3 M 6 M 1 Y
% % % %
Less than EGP 1.5 million 5.875 6.125 6.375 6.500
EGP 1.5 million to less than  EGP10 million 6.250 6.375 6.500 6.750
EGP10 million to less thanEGP 20 million 6.500 6.500 6.750 7.250
  • Interest rate in USD&EURO  is variable .

  • The minimum limit in USD and in EURO deposits is 2000 .

  • The interest can be credited to the deposit.

  • Providing loans (80% of deposit value) on security of the deposits .

  • Opening  a joint - deposits for more than one person.

  • The client can withdraw the interest from any of the Bank's branches.