AAIB provides new savings certificate with highest investment return in the market

AAIB provides new savings certificate with highest investment return in the market

The Arab African International Bank has offered its customers a savings certificate with the highest investment return in the banking market.

The bank allows saving on this certificate for a period of three years.

It offers the new certificate with many advantages, such as:

The minimum amount for issuing a certificate is LE5,000 and the multiples of LE1,000, without a maximum.

The cumulative price on the certificate reaches 65 percent, to be disbursed at the due date.

The investment period in the certificate is up to three years.

The certificate cannot be renewed after the due date.

The certificate allows for borrowing from the bank at a rate of 80 percent of the original certificate price, and allows issuing a credit card.

The bank offers the certificate to ordinary individuals only.

The Arab African International Bank announced in a previous statement it achieved net income from returns of US$226.5 million in H1-2023 and net income from fees and commissions of $46 million, bringing its net revenues to $284 million.