After the savings certificate 25% .. 3 banks raise interest
CIB Bank offers savings certificates with a distinctive return, after the decisions of Banque Misr and Al-Ahly Bank.
Shrouq
Many citizens in Egypt are looking for the highest return on bank certificates, as there are many people trying to find out what is best for them to increase their savings after 3 banks announced an interest rate hike of 25% annually and 22.5% per month.
CIB Bank announced that it will raise the interest on savings certificates for a year and a half, making CIB the third bank to raise the interest rate on savings certificates, after the decision of Banque Misr and Al Ahly Bank to raise interest to 22.5% as a monthly return and 25% as an annual return.
CIB Bank announced a savings certificate for a period of one and a half years, on which interest was raised and became at a return rate of 20% to be spent monthly, and 22.5% to be spent annually.
The highest bank certificates:
"National Bank Annual Platinum Certificate"
The National Bank revealed the annual platinum certificate, the highest return on certificates, as it is invested in them for a year.
The minimum purchase amount is one thousand pounds and its multiples, where 22.5% is spent monthly and 25% annually.
The customer can borrow from the bank with the guarantee of these certificates and issue credit cards.
There is also a platinum certificate for a period of 3 years, with an annual return of 17.25%.
Banque Misr "Talaat Harb Certificate"
Talaat Harb certificate in Banque Misr is also one of the highest returns, as it spends 25% annually, and 22.5% monthly.
The investment in this certificate shall be for a period of one year, and the minimum purchase thereof shall be one thousand pounds and its multiples.
Borrowing can be obtained with the guarantee of the certificate and the issuance of credit cards, and the customer can retrieve them after 6 months.
CIB bank certificate of savings
CIB Bank announced raising the return on the one-and-a-half-year fixed-income savings certificate to 20% per month and 22.5% at maturity.
The minimum purchase amount for the certificate is EGP 100,000 and its multiples, and it can be activated through internet banking and phone banking.
