Guaranteed investment with Certificates of Deposit from Al Watany Bank of Egypt (AWB), a subsidiary of the National Bank of Kuwait (NBK) in partnership with ibq.

Benefits:

• tenure of 3 years available in Egyptian Pounds
• flexible payment periods on a monthly or quarterly basis
• minimum CD amount is EGP 25,000
• interest rate is fixed for the CD duration at a highly competitive annual interest rate of 8.75% paid quarterly*
• overdraft and credit card facilities up to 90% of value of CD is available
• current account, debit card and cheque book from AWB

*The interest rate on CDs is subject to Central Bank of Egypt Corridor Rate. Early redemption charges apply.