Hadeel Hilal
Posted on: Monday, July 31, 2023 – 10:28 PM | Last update: Monday, July 31, 2023 – 10:28 PM
Mohamed El-Etreby, President of the Federation of Egyptian Banks and President of Banque Misr, said that the demand for dollar certificates offered by Banque Misr and Al-Ahly Bank last Wednesday was good, noting that the largest demand for the “elite” certificate.
And he added, during a phone call to the “Al-Hekaya” program, which is presented by the media, Amr Adib, on MBC Egypt, on Monday evening, that the “elite” certificate guarantees the customer obtaining 7% interest every 3 months in dollars, indicating that the citizen has the right to deal with the dollar. In any way.
He pointed out that the certificate enables its owner to obtain a loan, representing 50% of the value of the certificate, up to a maximum of 10 million pounds, noting that the bank must see in that case the purpose for which the loan is intended.
description of dollar certificates; It is “attractive”, adding: “The turnout is greater than we expected because the certificates are attractive, and there is confidence in the banking sector and the economy, and the matter indicates that we are on the right path.”
2023-07-31 19:28:40
#President #Banque #Misr #Dollar #certificates #attractive #demand #greater #expected #AlShorouk
