What is the highest return on CDs in Egypt?

Egypt Independent

26-04-2025

After the Central Bank of Egypt (CBE) reduced its base interest rate by 2.25 percent on Thursday, April 17, interest has risen regarding the new interest rates for Certificates of Deposit, particularly from the National Bank of Egypt (NBE) and Banque Misr, amid the increased search for savings instruments that offer the highest possible return.
Highest return on CDs
The CBE announced a reduction in the interest rate on deposits to 25 percent and on loans to 26 percent.
NBE's Platinum CD
The NBE has amended the return on the Triple Platinum Certificate, reducing it from 27 percent to 25.25 percent, with the return continuing to be paid quarterly. Purchases start from LE 1,000 and multiples thereof.
The certificate also allows for borrowing against it or issuing credit cards.
Suspension of CD with 27 percent return
In a parallel move, the NBE decided to suspend the issuance of the Annual Platinum Certificate with a fixed return of 27 percent, effective Sunday, April 27.
Banque Misr announces reduction
Banque Misr announced a reduction in the return on the three-year variable-return certificate from 27 percent to 24.75 percent. This certificate has been one of the bank's most in-demand savings instruments recently.
Banque Misr interest rate adjustments:
The three-year variable-return certificate (CD) decreased from 27 percent to 24.75 percent.
The daily Super Cash current account decreased from 21.75 percent to 19.50 percent.
The monthly Super Cash savings account decreased from 22 percent to 20.25 percent.
The pensioner current account (pension account) decreased from 22 percent to 19.75 percent.
Edited translation from Al-Masry Al-Youm