National Banks announced andCairo And Banque Misr, suspending the new certificate with an annual interest of 25%, and a monthly interest of 22.5%, at the end of today’s work (Tuesday), after achieving the desired targets.
And the National Bank of Egypt stated – in a statement – that about 60% of the purchases were carried out through alternative channels (Al-Ahly Net, Al-Ahly Mobile, and the call center) and the rest through the bank’s branches in various governorates of the Republic, which contributed to the joining of about 75 thousand new customers to the family of customers. The National Bank of Egypt since issuing the certificate on January 4, 2023.
It should be noted that the bank resorted to issuing a certificate with a return of 25%; Its goal is to tackle inflation and dollarization.
Mohamed El-Etreby, Chairman of the Board of Directors of Banque Misr, had said that the proceeds of selling the new certificate with an annual interest of 25% and a monthly interest of 22.5% amounted to 460 billion pounds in Banque Misr and the National Bank so far.
announced Cairo Bank That the annual “Gold” certificate in Egyptian pounds with a return of 25% due at the end of the period and the annual Gold certificate with a return of 22.50% due monthly will be suspended after achieving the desired targets.
The bank stated – in a statement – that the bank will continue offering the “Primo Gold” certificate for a period of 3 years, with a return of 17.25% due annually, a return of 16.25% due every three months, and a return of 16.00% due monthly.
