With a return exceeding 22%.. 5 banks offer new savings certificates

Banque Misr and the National Bank announced the issuance of new certificates with a return of 25% annually, and 22% per month, and the investment period in them is one year, and with a fixed rate of return throughout the period of holding the certificate. The minimum investment in Banque Misr savings certificates starts from 1000 pounds and its multiples.

1. The National Bank and Banque Misr, with a return of 25%.

Banque Misr and the National Bank announced the issuance of certificates with a return of 25% annually, 22% per month, and the investment period in them is one year, and with a fixed rate of return throughout the period of holding the certificate, and the minimum investment in Banque Misr savings certificates starts from 1000 pounds and its multiples.

2. QNB ALAHLI Bank certificate with a return of 22.5%

After that, QNB Al Ahli Bank issued a new savings certificate for individuals for a period of one and a half years (equivalent to 18 months) with an annual return of up to 20%, which is spent monthly and 22.5% is spent upon maturity, and the minimum limit for linking the certificate is 1,000 Egyptian pounds and its multiples.

3. CIB bank certificate with a return of 22.5%

CIB Bank also announced an increase in the interest rate on savings certificates with a return rate of 20% per month and 22.5% to be spent on maturity, as this one-and-a-half-year certificate is considered to have a fixed return in the Egyptian pound.

The minimum amount for purchasing a savings certificate from CIB Bank is 1,000 pounds and multiples of 1,000 pounds, and it can be inquired about through the internet banking service and phone banking.

4. Bank of Cairo certificate with a return of 22.5%

Today, Tuesday, Banque du Caire offered a one-year savings certificate with a high interest rate of 22.5% annually. The return on it is paid monthly, and 25% is paid at the end of its maturity.

The sale of the certificate starts from the first thousand pounds and its multiples, and it is allowed to sell it through branches and electronic channels (internet and mobile banking).

The bank also allows customers to borrow against its guarantee or issue a credit card (for installments or electronic payment of purchases) against the guarantee of the certificate.

5. End date for 25% certificates

Banque du Caire’s tendency to issue a high-yield certificate coincides with the closeness of the National Bank and Egypt to stop selling the certificate by 25% before the end of January.

Al-Ahly Bank and Egypt intend to stop the certificate at 25% annually, and 22.5% annually, with a monthly disbursement period, after it achieved its target and collected savings worth 304 billion pounds during the first 13 days of its launch, according to the two banks.