NBE, Banque Misr offer new dollar certificates ...Egypt

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Banque Misr and the National Bank of Egypt are now offering up new US dollar savings certificates, characterized by high returns. Dollar certificates from Banque Misr: Banque Misr provided savings certificates, including “al-Qema” and “Elite”, in US dollars for a period of three years since July 26. The al-Qema certificate has a return of nine percent annually. It is a nominal certificate issued to Egyptians and foreigners. The return is paid in advance for three years (27 percent) cumulatively in Egyptian pounds. The Elite certificate has a return of seven percent annually. It is also a nominal certificate issued to Egyptians and foreigners, and the return is paid quarterly in US dollars.

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Last updated : 21 August 2023 clock 05:40 PM

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NBE, Banque Misr offer new dollar certificates ...Egypt

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