Arab African International Bank increases Golden Saving Account rates to 14% annually

Daily News Egypt
1 Min Read

The Arab African International Bank (AAIB) raised the interest rates for the Golden Saving Account in Egyptian pounds to 14% annually, 13% semiannually, 12.75% quarterly, and 12.5% monthly. Return is calculated on the lowest balance during the month—provided that it is not less than the minimum balance of EGP 5,000.

Hassan Abdalla, the CEO of the AAIB said that the competitive interest rates are not the only edge that distinguishes AAIB’s saving schemes, but also the quality of service that the AAIB provides its customers to suit their different needs.

He noted that the AAIB Golden Saving Account bundles the most powerful benefits in the Egyptian market, including easy and instant access to savings 24/7, by using the bank’s debit cards, whether Visa or MasterCard.

Moreover, he added that additionally to the great benefits, clients can issue credit cards (Visa or MasterCard) against their Golden Saving Account and check their balances through Internet and phone banking services.

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