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QNB Egypt, a subsidiary of the QNB Group—the largest financial institution in the Middle East and Africa—has launched a short-term digital deposit in Egyptian pounds, available exclusively through the bank’s electronic banking channels, including its mobile banking application and internet banking platform.

This innovative savings product comes as part of the bank’s ongoing efforts to enhance its digital banking ecosystem and meet the evolving needs of its customers. The initiative aligns with QNB Egypt’s strategy and supports Egypt’s national drive toward digital transformation and the development of a more sustainable and inclusive economy.

The launch also reflects the bank’s commitment to developing flexible savings solutions that provide customers with added value and competitive returns.

The deposit offers flexible options ranging from one week up to 12 months, allowing customers to choose terms that best match their financial plans and savings goals. Customers can also benefit from higher competitive returns when managing the deposit through the bank’s digital channels.

Through the bank’s secure digital platforms, customers can instantly open, renew, and redeem the deposit with complete security and confidentiality—without paperwork or waiting at branches—enabling them to carry out transactions anytime and from anywhere, 24/7.