Hisham Okasha, president of the National Bank of Egypt, revealed for the seventh day that the balance of platinum certificates for a period of one year, with a yield of up to 25%, amounted to 60 billion pounds, and more than 70 % of has been implemented, through alternative channels (Al-Ahly Net, Al-Ahly Mobile and call center).
announced National Bank of Egypt and Banque MisrFor the issue of a new annual Savings Bond, with a yield of up to 25% to be spent at the end of the certificate period, or with a yield of 22.5% to be spent monthly, starting today 4/01/2023.
Is released The new savings certificate In denominations of 1,000 pounds and its multiples, and the bank is aimed, through this new certificate, at natural persons, adults and minors (Egyptians and foreigners).
Interest is also calculated from the day following the purchase of the certificate directly, and it is possible to borrow against its guarantee during the period. It is not permitted to recover the value of the certificate before the expiry of 6 months starting from the effective date following day that of purchase The certificate is also recovered at the end of its period at its entire nominal value and can be recovered before that date according to the recovery values prescribed by the bank.
Noting that all certificates are available through all branches of the National Bank of Egypt, as well as through internet banking and mobile banking application, as well as through the bank’s call center 19623.
The Central Bank of Egypt decided, a few days ago, to go back to work with the collection documents to carry out the import operations.
