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Corporate & Institutional Banking
Corporate & Institutional Banking
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SMEs Banking
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- Ways To Bank
- Fees And Charges
Accounts Types
Current account allows an unlimited number of deposits and withdrawals
Feature:
- Minimum amount required to open is L.E. 10,000 or equivalent in foreign currencies
- Issuance of a Cheque Book
- Issuance of Visa Electron
- Hala Arabi subscription
Interest bearing account which allows an unlimited number of deposits and withdrawals
Features:
- Minimum amount required to open is L.E. 10,000 or equivalent in foreign currencies
- Interest is calculated on the account's lowest monthly balance
- Interest is credited monthly
Unit Rate: 11.68033
Invest your money today in “Youmaty” Money Market Fund from Arab Bank, managed by Beltone Asset Management, and enjoy the following benefits:
- Combine the flexibility of a current account and the returns of a saving account
- Enhance the cash management capabilities of individuals and large, medium and small corporations
- Minimum initial subscription is EGP 5,000 with no minimum balance thereafter
- The ability to subscribe and redeem through Arab Bank ATMs, 24 hours a day, 7 days a week, after you activate the card first
- No deposit or withdrawal fees
- The Fund is managed by Beltone Asset Management expertise, the prominent asset management firm in Egypt
So why wait? Invest now and benefit from the rewarding returns offered by “Youmaty” Money Market Fund from Arab Bank
Arab Bank Money Market Fund with Daily Cumulative Returns in EGP licensed from the Egyptian Financial Authority under license number 557 dated 14/12/2009
All fund Specific Terms & Conditions apply
Time Deposits
- Issued in all currencies
- Time deposit tenure is 1 year
- Highly competitive fixed interest rate
- Interest paid monthly, quarterly, or annually
- Issued for normal & nominal persons
- Daily Time Deposit with variable interest rate
- Tiered interest rate
- Interest is calculated daily and paid monthly
- Issued in EGP only
- No breakage fees
- For Individuals and companies
Tiers |
New Rate |
Less Than 50 |
0.00% |
Above 50K - 500K |
2.00% |
Above 500K – 1M |
2.50% |
Above 1M - 10M |
4.30% |
Above 10M |
4.50% |
- Daily Time Deposit with variable interest rate
- Tiered interest rate
- Interest is calculated daily and paid monthly
- Issued in USD only
- No breakage fees
- For Individuals and companies
Tiers |
New Rate |
0 – 9,999 |
0.00% |
10,000 – 19,999 |
0.50% |
20,000 - 49,999 |
1.50% |
50,000 - 99,999 |
2.50% |
100,000 - 199,999 |
3.00% |
200,000 - 499,999 |
3.50% |
500,000 and above |
4.00% |
Certificate Of Deposit
- The certificate is issued in USD
- Minimum amount required to issue is USD 1,000 and its multiples
- Certificate tenure is 3 years
- Fixed interest rate 5% annually
- Interest frequency: daily
- Issued for individuals and non individuals
- Redeemable after 1 months according to the redemption schedule
- The client can be granted a loan up to 90% of the Certificate’s face value
How to Apply
- Through our Online Application Form
- Visit any of our branches (visit our Branch Locator page here)
Required Documents
- Valid Identification Document
- Valid Residency Document (for expats)
- Birth Certificate or Identification Document for Minors
- Utility Bill (Electricity, Water...), in case the customer address is different than the address on the identification document
Special Terms and Conditions of these products apply
The Redemption Fees of the Certificate of Deposits
For more information, please call our Customer Care Center on 19100.