“High Yield Investment Certificates Offered by Egyptian Banks – Earn up to 22%”

Banks operating in the Egyptian banking sector, in the public and private sectors, will resume work, after the end of the blessed Eid Al-Fitr holiday and the Sinai Liberation Day, today, Wednesday, April 26, 2023.

New Ahli Bank certificate

The National Bank offered investment certificates b
These certificates guarantee you a fixed return of 11.5% annually, and they last for two years, unlike the one-year certificate also provided by the National Bank, which has an interest of only 11%.

The Investment Certificate (B) is one of several certificates offered by the National Bank of Egypt to its clients, such as the Egyptian Aman Certificate, which gives a return of 13% for a period of 3 years, or the Platinum Certificate. These certificates differ in requirements for purchase, redemption, return, and interest.

Investment certificates (B) are available for three different terms: one year, two years, and three years, and their return ranges between 9.5% and 12%, depending on the period and the periodicity of the exchange, and it is fixed throughout the certificate period.

You can buy these certificates with any amount starting from 500 pounds, and you get the return every 3 months, and you can withdraw it from any ATM.

You can also take advantage of the borrowing service to guarantee these certificates, or donate them to your loved ones, and at the end of the period, you will get the full value of the certificate back, or renew it automatically if you wish.

To whom is the investment certificate offered?

These certificates are issued to natural persons, Egyptians and foreigners, adults and minors, and it is permissible to borrow with the guarantee of these certificates from any bank branch, according to the instructions in force and the rates of returns on the date of borrowing, provided that the certificate is retrieved at the end of the period at its full nominal value, and it can also be recovered after 6 months from the day Next business day of purchase.

Certificate of 22% in Egyptian banks

4 Egyptian banks, namely, “Al-Ahly Bank of Egypt, Banque Misr, CIB, and Banque du Caire”, offered savings certificates with the highest return in Egypt, with an interest rate of 22%, but the minimum limit for the certificates differed.

The “Al-Ahly of Egypt” offered the 22% certificate from the National Bank of Egypt, which is for a period of 3 years with a decreasing monthly return, i.e. in the first year 22%, the second year 18% and the third year 16%, and the minimum purchase is one thousand pounds.

Likewise, in Banque Misr, a 22% certificate with a decreasing return was offered as follows: 22% in the first year, 18% in the second year, 16% in the third year, and a minimum of 1,000 pounds.

The Commercial International Bank, CIB, revealed a 22% certificate with a fixed and monthly return, for a period of 3 years, and a minimum purchase of 3 million pounds.

Also, Banque du Caire, the bank revealed a 22% certificate, for a period of 3 years and decreasing interest, which is as follows: the first year is 22%, the second is 18%, the third is 16%, and the minimum is 10,000 pounds.