Top 8 variable triple certificates with quarterly return in banks
The highest variable triple certificates with a quarterly return in a number of banks in the Egyptian market.
A large number of savers are looking for a good return on their savings, in light of the high inflation rates in the world.
After the decision of the Monetary Policy Committee in its last meeting, to raise interest rates by 2% to reach 18.25%, 19.25%, and 18.75%, respectively, and the credit and discount rates were raised to 18.75%.
The highest variable triple certificates with a quarterly return in a number of banks in the Egyptian market.
1. Certificate of Bank of Cairo «Primo»
Banque du Caire offered the Primo certificate, and the bank confirmed that the interest is 18% with a quarterly exchange period for 3 years, with a minimum of 1,000 pounds to link the certificate.
2. National Bank of Kuwait certificates
The National Bank of Kuwait announced the issuance of a triple certificate with a variable return, and an interest rate of 20.25% annually, with a quarterly exchange period, and the duration of the certificates is 3 years, as the bank approved the minimum limit for linking the certificate 1000 pounds.
3. Latin National Bank Certificate
The National Bank of Egypt announced the launch of a platinum savings certificate with a variable return of up to 18.5%.
4. National Bank of Kuwait
The National Bank of Kuwait announced the issuance of a triple certificate with a variable return, and an interest rate of 20.25% annually, with a quarterly exchange period, and the duration of the certificates is 3 years, as the bank approved the minimum limit for linking the certificate 1000 pounds.
5. Latin National Bank Certificate
The National Bank of Egypt announced the launch of a platinum savings certificate with a variable return of up to 18.5%.
6. MedBank Tri-Certificate
MedBank offers a triple variable certificate with a return of 18.5%, and the bank confirmed that the exchange period is quarterly, with a minimum of EGP 1,000 to link the certificate, and the duration of the certificate is 3 years.
6. Certificate of Al Ahli Bank of Kuwait
Al-Ahli Bank of Kuwait offered a triple variable certificate with an interest rate of 18.25% annually, with a quarterly exchange period, with a minimum of 1000 pounds.
7. The triple certificate from SAIB Bank
SAIB Bank announced a triple certificate with an interest rate of 18% annually, with a quarterly disbursement period for 3 years.
8. Ahli United Bank certificate
Ahli United Bank announced the issuance of a triple certificate with a quarterly return for a period of 3 years, with a minimum of EGP 5,000 to link the certificate.