A tailored time deposit designed with different tenors to meet the needs of SMEs and mid-cap businesses offering interest at maturity.
Wafa Business TD Features:
- TDs with interest payment at maturity
- Designed specifically for SMEs and mid-cap businesses
- Available in EGP only
- Minimum Balance for issuance is 1M
- Early redemption is available with 8% penalty of the applied interest rate
Interest rate based on fixed tenors as follows: