The National Bank certificates for 2024 are what citizens are most searching for, after the last Central Bank meeting, which ended with fixing the interest rate, and many citizens searched for the prices of the National Bank certificates for 2024, so let us now show you the details through our news site, Balad News.
National Bank Certificate 2024
The National Bank of Egypt offers a wide range of investment certificates that meet the various needs of customers and meet their financial expectations. After the recent meeting of the Central Bank, many people are searching for these certificates, which we will now learn about in detail.
Egyptian Aman Savings Certificate
The minimum amount for the certificate starts from 500 pounds, the maximum investment in the certificate is 2,500 pounds. The bank allows investment in the certificate for 3 years with a return of 13%. It is not possible to borrow with a guarantee. This certificate or issuing credit cards of all kinds. The certificate is redeemed for its full value at the end of the period.
National Bank savings certificate with variable return 2023
The duration of the savings in this certificate is 3 years. The certificate is considered to have a variable return throughout the duration of the certificate. The minimum amount to purchase a savings certificate reaches 1000 pounds and its multiples, reaching 22% in the first year, 18% in the second year, and 16% in the third year.
National Bank Savings Certificate 2023 with a fixed return
The duration of savings in this certificate is 3 years, and it has a fixed return throughout the duration of the certificate. The minimum amount to purchase a savings certificate is 1000 pounds and its multiples. It can be invested in for 3 years. The return on the certificate is disbursed monthly and reaches 19%.
Fixing interest rates
In the last Central Bank meeting held on December 21, the Central Bank decided to maintain the overnight deposit and lending rates, and the Central Bank’s main operation rate, at 19.25%, 20.25%, and 19.75%, respectively.
High-yield savings certificates of 25%
Starting from January 5, 2024, the annual return on high-yield savings certificates is scheduled to be disbursed at 25%, as the National Bank of Egypt and Banque Misr launched them in January 2023.
2023-12-30 19:51:02
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