Bank Misr Offers Up to 27% Returns on 2025 Certificates of Deposit
Bank Misr has unveiled a new range of high-yield certificates of deposit (CDs), with annual interest rates reaching up to 27%, making them among the most competitive savings products in Egypt’s banking sector this year.
Key Products and Rates
"Ibn Misr" 3-Year Graduated Yield Certificate (Annual Payout):
Offers a 27% return in the first year, followed by 22% in the second, and 17% in the third. Minimum purchase: EGP 1,000 and multiples thereof.
"Ibn Misr" 3-Year Graduated Yield Certificate (Quarterly Payout):
Provides 24% in year one, 20% in year two, and 16% in year three, paid out quarterly. Minimum: EGP 1,000.
Platinum 3-Year Fixed Certificate:
Fixed 19.5% annual return, with monthly payouts. Minimum: EGP 1,000.
Platinum 3-Year Graduated Yield Certificate (Monthly Payout):
Returns start at 25% in year one, 21% in year two, and 17% in year three.
Platinum 3-Year Graduated Yield Certificate (Annual Payout):
Also offers 27%, 22%, and 17% annually across the three years, respectively.
3-Year Variable-Rate Certificate:
Returns adjust annually: 23% in the first year, 19.5% in the second, and 16% in the third. Paid monthly.
5-Year Fixed Certificate:
Offers 12.25% (monthly) or 12.75% (annually). Minimum purchase: EGP 1,200 or EGP 1,000, depending on payout frequency.
7-Year Fixed Certificate:
Pays 12.75% monthly, with a minimum purchase of EGP 750.
“Aman Al-Masriyeen” Certificate:
A 3-year term with a 13% return, targeting low-income individuals. Offered in denominations of EGP 500, up to EGP 2,500.
Bank Misr’s strategic move comes amid growing demand for high-yield savings products in the face of economic uncertainty and aims to provide customers with flexible, rewarding investment options across different time horizons.
In parallel, National Bank of Egypt (NBE) has also adjusted its CD offerings. Notably, NBE’s platinum 3-year certificate now offers up to 25.25% return (quarterly), down from a previous rate of 27.5%.
According to NBE Chairman Mohamed El-Etreby, these adjustments were made following a meeting of the bank's ALCO committee to align savings products with current economic conditions and interest rate trends.