Deposits

For more information

Please call the Nearest Branch or Call

16710

Deposits

Time Deposits

We empower our customers to select from our variety of tenors in either local or foreign currency

Benefits

  • Fixed Deposit offering with competitive interest rates
  • Variety of tenors: Weekly, Bi-Weeks, Monthly, Quarterly, Semi-Annually or Annually
  • Offered to both individuals and companies
  • Available in local and major foreign currencies
  • Automatic renewal at maturity date
  • Can be used as collateral for a loan, overdraft or credit card
  • Availability to decrease the Time deposit without breaking
    Minimum balance for set-up:
  • LE100,000 or equivalent in foreign currencies from one week to two weeks
  • LE 5,000 or equivalent in foreign currencies from one month to one year
    Required Documents
    Existing EBE customer
    -Signed application
    New to bank customers
    Employed Customers
  • Valid National ID
  • Recent Utility Bill (maximum three months)
  • Employment Proof/ 3 months’ bank statement
    Self-employed
  • Valid National ID
  • Recent Utility Bill (maximum three months)
  • Recent copy of commercial register and tax card
    Pensioners
  • Valid National ID
  • Recent Utility Bill (maximum three months)
  • Proof of pension
    Foreigners
  • Valid Passport with country entry visa
  • Recent Utility Bill (maximum three months)

Residency / Work permit

 

Certificate of Deposits

We offer the most competitive interest rates in both local and foreign currency

Benefits:

  • Variety of CD types and tenors in EGP and foreign currencies
  • Attractive returns and variety of interest payment frequencies (Monthly-Quarterly-Semiannual-Annual)
  • Variety of CD Types (Fixed-Variable-Accumulative)
  • Borrowing against the deposit up to 90% of deposit value
  • Minimum Age: Age 21 and above however, minors can hold CDs in their names
  • Redemption rules after 6 months from the issuance date, through any of our branches depending on each CD redemption terms and conditions            
    Required Documents
    Existing EBE customer
    Signed application
    New to bank customer
    Employed Customers
  • Valid National ID
  • Recent Utility Bill (maximum three months)
  • Employment Proof/ 3 months’ bank statement
    Self-employed
  • Valid National ID
  • Recent Utility Bill (maximum three months)
  • Recent copy of commercial register and tax card
    Pensioners
  • Valid National ID
  • Recent Utility Bill (maximum three months)
  • Proof of pension
    Foreigners
  • Valid Passport with country entry visa
  • Recent Utility Bill (maximum three months)
  • Residency / Work permit

 

 

 

Types of CDs

Egyptian Pounds

Tenors

Types of Interest Rates

 

Fixed

Variable

Accumulative

Three Years

-Interest is paid according to preference

-Available to individuals and corporations

-Interest rate subject to CBE Corridor

-For individuals only

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Five Years

-Interest is paid according to preference

 

 

-Interest payment sonly at maturity

Seven Years

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-Interest payment sonly at maturity

Ten Years

-Interest is paid according to preference

- For individuals only

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US Dollars

Tenors

Types of Interest Rates

 

Fixed

Variable

Accumulative

Three Years

-Interest is paid according to preference

-Available to individuals and corporations

-Interest is paid according to preference

-Available to individuals and corporations

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Five Years

-Interest is paid according to preference

-Available to individuals and corporations

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