MIDBANK Launches “MID SMART” Certificate with a Declining Annual Yield Exceeding 20%, Paid Monthly

Cairo, 19 April 2026:

MIDBANK has announced the launch of the “MID SMART” certificate, featuring a three-year declining annual yield paid monthly. The certificate offers a yield of 20.5% in the first year, 16.5% in the second year, and 12.5% in the third year. Interest calculation begins on the working day following the purchase. The certificate is available for individual retail customers with a minimum purchase of EGP 1,000 and its multiples, subject to an initial minimum investment of EGP 50,000.

This launch aligns with MIDBANK’s strategy to enhance investment value for clients and provide innovative financial solutions that meet the needs of individuals looking to maximize their returns while maintaining high flexibility and transparency in savings management. The “MID SMART” certificate offers an investment opportunity with a declining annual yield paid monthly, ensuring attractive returns over three years.

The bank allows for the redemption of the certificate after six months from the date of purchase. Additionally, MIDBANK offers the option to borrow against the certificate for up to 95% of its value, at an interest rate of at least 2% above the applied yield, plus applicable banking commissions. All facilities and redemption options are subject to the bank’s governing terms and conditions.

Mr. Mahmoud Gamal, Head of Retail Banking at MIDBANK, emphasized that the “MID SMART” certificate represents an advanced model for smart investment. He noted that it was innovatively designed to disburse interest monthly on a graduated annual basis, where the return is high in the first year and decreases annually throughout the term, meeting the aspirations of clients seeking to maximize savings flexibly and securely. He stated: “This certificate reflects our permanent commitment to providing innovative financial products that combine attractive returns with effective risk management, serving our clients’ long-term interests.”

He added: “At MIDBANK, we are committed to enhancing investment value and providing integrated financial solutions that keep pace with changing market needs. We always strive to develop investment tools that allow individuals to make the most of their savings while ensuring transparency and flexibility, making MIDBANK a trusted partner in their journey toward sustainable financial growth.”

MIDBANK continues its expansion plans in the local market by increasing its branch network and ATM presence, alongside launching diverse banking products and services. The bank operates according to its new strategy supporting digital transformation and financial inclusion, in line with Egypt Vision 2030.

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