Are you looking for a Solid savings instrument in Egypt for 2025 ? Whether you’re saving in Egyptian pounds (EGP) or U.S. dollars “(USD), Banque Misr’s new certificate offerings Present timely options . This guide gives you a complete Breakdown of what’s changed — from interest-rate cuts , to purchase and redemption practices , and how you can navigate these Options for your Benefit .
Announcement & Context
In 2025, Banque Misr Adjusted the interest Rates on its savings certificates in both EGP and USD denominations . These changes align With recent Policy shifts by the Central Bank of Egypt (CBE) and an evolving macro-economic environment (Inflation trends , currency pressures, USD liquidity ) . For example , the bank’s Assets & Liabilities Committee ( ALCO ) applied reductions effective 1 September 2025 .
These movements Reflect the bank’s strategic response to :
- The CBE cutting Policy interest rates ( deposit/lending ) in 2025 .
- The need to attract Foreign-currency (USD) savings amid domestic USD shortages and foreign-exchange pressures .
- Inflation and Investment-yield environment in Egypt, pushing savers to Evaluate fixed-income instruments .
By Reading on , you’ll understand what’s on offer , what the terms are , and how to Apply — plus actionable tips for Making the most of these offerings .
Certificates in Egyptian Pounds ( EGP )
Types of Certificates
In the local currency (EGP) segment , Banque Misr offers several Certificate types :
“Al-Qimma” certificate — a 3-year Fixed-rate certificate in EGP .
“Ibn Misr” Certificate (also called “descending” or step-down return ) — a 3-year Certificate Where the interest Rate decreases each year .
Other EGP-Denominated certificates such as 5-year Fixed interest , 7-year fixed interest (per the Official website) .
Interest Rates ( after 1 September 2025 )
- Here are the Most up-to-date published Rates as of the September 2025 adjustment :
- For the Al-Qimma 3-year Fixed certificate : annual Return 17%, down from 18.5%.
For the Ibn Misr Descending-rate 3-year :
- Year 1: 20.5% ( was 23% )
- Year 2: 17% ( was 19.5% )
- Year 3: 13.5% ( was 16% )
These Rate cuts come after earlier Reductions in April 2025 and earlier in Response to CBE policy changes .
Terms & Features
Minimum Purchase amount: generally EGP 1,000 ( and multiples thereof ) for many of the certificates .
Eligible customers : Individuals ( Egyptians and non-Egyptians ) through bank branches , mobile /online banking , ATMs .
Redemption option : Often full or partial redemption Permitted After 6 months from issuance , subject to bank rules .
Early-redemption penalties : For example , one certificate ( Yomaty ) shows that if redeemed early in the first year , a deduction of 3% of the applied return rate applies .
Why This Matters for You
If you are Saving in local currency , locking in a 17% annual return ( for Al-Qimma ) is competitive in the Current environment of inflation in Egypt .
The descending-rate model ( Ibn Misr ) gives higher early-year returns — Attractive if you expect to redeem sooner or prefer front-loaded income .
Because terms allow Online/mobile issuance and early Partial redemption , you have flexibility .
However, note that rates are lower than Prior high-yield certificates (which offered ~27% annually ) . So timing and term length matter .
Also read : National Bank of Egypt & Banque Misr Savings Certificates: Full Details and Updates ( 2025 Guide )
Certificates in U.S. Dollars ( USD )
Types & Terms
Banque Misr offers Foreign-currency (USD) denominated Certificates , structured as :
The “El Thabat” Certificate (3-year, 5-year terms ) in USD with returns Payable monthly / quarterly / semi-annually / annually .
Previously other product names Such as “Elite” and “Al-Qimma” USD-denominated Certificates .
Interest Rates ( after adjustment )
- From the September 1 , 2025 announcement:
- For 3-year USD Certificate: monthly return 4.75%, down from 5.15% .
- For 5-year USD certificate : monthly 4.85% / quarterly 4.87% / semi-annual 4.90% / annual 4.95% .
Features & Purchase Terms
Minimum deposit : many cases USD 100 ( or USD 1,000 for some certificates ) depending on the product .
Eligibility: Egyptians and non-Egyptians .
Redemption: Certificates Redeemable after 6 months under conditions .
Purpose: These USD-denominated certificates are Designed to attract foreign-currency savings ( remittances) into the Egyptian banking system .
Practical Considerations
- If you are Holding U.S. dollars and want a bank Instrument in Egypt , this is one of the few fixed-income options denominated in USD .
- However, the yields (4.75-4.95%) are Modest compared to high-yield EGP offerings — but carry different currency risk (USD vs EGP ) .
- Ensure you understand if the Return is in USD or converted into EGP — especially given prior issues with USD-certificates paying in EGP .
Payment / Payout & Redemption Methods
Payment Frequency
- EGP certificates : Options include variable daily interest , fixed monthly or Annual Payments depending on the product .
- USD certificates : Returns can be paid monthly , quarterly , semi-annually or Annually depending on the chosen product .
How Returns Are Credited
- For EGP certificates such as Al-Qimma : the fixed annual return is paid Monthly into the Account .
- For USD certificates: the payout schedule is Defined in the product ( for example monthly returns at 4.75% per annum equivalent ) .
Redemption and Access
Partial or full redemption after 6 months is permitted Under many certificate terms . If redeemed early , a deduction from the applied return rate may apply .
Purchase /issuance methods : Available via branches , online/ mobile banking , ATM issuance , and for non-resident Savers via email or remote channels .
User-Friendly Summary
- Want monthly income ? Choose a product that pays Monthly rather than annually .
- Holding USD and expecting currency gains ? Consider a USD-certificate but watch FX risk .
- Need flexibility ? Ensure you understand early-redemption penalties .
- Prefer Full digital access? Use online /mobile banking Channels for convenience .
Observations & Additional Notes
Rate Cuts Linked to Monetary Policy
The interest-rate Adjustments at Banque Misr reflect the Broader monetary-policy Environment in Egypt . The CBE cut key interest rates in 2025 ( totaling ~525 basis points ) and banks responded accordingly by trimming certificate yields .
Focus on USD Savings in a Dollar-Short Economy
Egypt has Faced USD-liquidity constraints , making USD-denominated savings Instruments more important for both Banks and remittance-senders . Banque Misr’s USD-certificates are Part of that strategic response .
Previous High-Yield Certificates Are Being Phased Out
Previously , Certificates offering up to ~27% Annual return in EGP were widely Marketed . But by April/May 2025 , these were suspended or cut significantly .
Thus , if you missed the higher-yield era , the current environment offers different yields and one must Adjust expectations accordingly .
What This Means for Investors / Savers
For local-currency savers: A 17% return is solid , but you should Compare with inflation and Other alternatives ( government T-bills, private bank products ) .
For USD savers or expats : The USD-certificate offers a way to Park dollars domestically — but the Yield is modest and FX risk remains .
For short-term vs long-term : The descending‐rate ( Ibn Misr ) model may appeal if you plan to redeem Sooner rather than hold full term .
Flexibility matters : Issuance through online/ mobile banking means easier access ; early Redemption clauses mean you can adjust if needed .
FAQs : What You Want to Know
Can non-Egyptians buy these certificates ?
Banque Misr allows Individuals ( Egyptians and non-Egyptians ) to Purchase certificates via branches or Digital channels .
Can I redeem early ?
many Certificates permit full or Partial redemption after 6 Months from issuance , though early Redemption may incur a return-rate deduction .
Are the USD-certificates paying in USD or Converted to EGP ?
You should check the Specific product terms . Note: Earlier USD-denominated certificates that paid out in EGP Were discontinued /suspended .
What is the Minimum Investment ?
For EGP certificates: Typically EGP 1,000 and multiples thereof .
For USD certificates: Some products start at USD 100, others at USD 1,000 .
How often are Interest payouts made ?
Depends on the certificate : monthly , quarterly , semi-annual or annual — check the product’s payout frequency . ( EGP fixed: often monthly ; USD: varies )
Disclaimer:
This Article is for informational and Educational purposes only . Readers are advised to Verify details from trusted Sources — including Banque Misr’s Official website or Branch — before Making investment or financial decisions .