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Time Deposits
 
SHORT-TERM DEPOSITS


With EGP 10,000 – or the equivalent in US Dollar, Euro, Pound Sterling, Swiss Franc, Japanese Yen, UAE Dirham, Kuwaiti Dinar, or Saudi Riyal – you can establish Time Deposits for periods ranging from one week to one year.

Rates as at : (%)

Currency1 WEEK1 MNTH2 MNTH3 MNTH6 MNTH1 Year
MAT7/13/2008 12:00:00 AM8/6/2008 12:00:00 AM9/7/2008 12:00:00 AM10/7/2008 12:00:00 AM1/6/2009 12:00:00 AM7/6/2009 12:00:00 AM
DAYS7316393184365
EGP46.756.87577.257.5
MAT7/14/2008 12:00:00 AM8/7/2008 12:00:00 AM9/8/2008 12:00:00 AM10/7/2008 12:00:00 AM1/7/2009 12:00:00 AM7/7/2009 12:00:00 AM
DAYS7316392184365
USD1.8752.252.3752.56252.8753.125
EUR3.754.06254.254.43754.56254.75
GBP4.93755.1255.255.43755.68755.875
CHF1.7522.06252.1252.252.5

** Rates are subject to change. To check most recent rates, please call our Call Center on 19555

Features
Tenor can be one week, one month, three months, six months, or one year.
Minimum balance required to establish Time Deposits is EGP 10,000; US$ 3,000; or equivalent.


MEDIUM- TERM DEPOSITS: GREEN PEARLS


General Benefits
Credit Cards (Visa, MasterCard) can be issued against the deposit: free of charge for the first year for local cards, or with 50% discount for International Credit Cards.
The obligatory 10% minimum monthly payment of AAIB's Credit Card balance is waived.


Green Pearls are AAIB’s unique US Dollar and Euro Time Deposits. Green Pearls Deposits ensure the stability of high interest rates and the flexibility of multiple interest payment frequency. Furthermore, they give you all the advantages of security and credibility made possible by a bank with dollar-based equity and a sound banking history.


Benefits
Competitive interest rates up to *4.5% p.a. (tax exempt).
Choice of time horizon: 2,3,4,5 years.
Flexibility of interest payment frequency: monthly, quarterly, semi-annually and annually to match your personal needs and preferences.
Fixed interest rate during the tenor of the deposit.
Redeemable after the first 6 months according to the redemption tables.
Purchasable for minors and on behalf of others.
Available to individuals as well as corporations.
Loans are available against the deposit up to a maximum of 90% of its value.


Procedures
Open a Current Account in US Dollars / Euros.
Deposit a minimum of USD$ 5,000 (or its equivalent in Euro) with no maximum limit.


Rates

GREEN PEARLS USD EUR
7/1/2008 12:00:00 AM 2 Yrs 3 Yrs 4 Yrs 5 Yrs 2 Yrs 3 Yrs 4 Yrs 5 Yrs
Monthly 2.3125% 2.4375% 2.5625% 2.625% 3.3125% 3.5625% 3.6875% 3.9375%
Quarterly 2.375% 2.5% 2.625% 2.8125% 3.375% 3.625% 3.75% 4%
Semi -Annually 2.4375% 2.5625% 2.6875% 2.9375% 3.4375% 3.6875% 3.8125% 4.0625%
Annually 2.5% 2.625% 2.75% 3% 3.5% 3.75% 3.875% 4.125%

** Rates are subject to change. To check most recent rates, please call our Call Center on 19555

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