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National Bank of Egypt Certificates: Interest Rates and Investment Options in 2023

Certificates of the National Bank of Egypt: The Monetary Policy Committee of the Central Bank of Egypt decided during its last meeting last Thursday, November 2, 2023, to fix the interest rate, the overnight deposit and lending interest rates, and the Central Bank’s main operation rate at the level of 19.25%, 20.25%, and 19.75%. The credit and discount rates reached 19.75%.

National Bank of Egypt certificates

National Bank of Egypt certificates are considered one of the most important savings methods that investors and customers rely on. With the interest rate being fixed over the past few days, interest in these certificates has increased, which are granted to customers with a fixed return of up to 22% and are disbursed monthly. National Bank certificates offer different returns that suit different categories. Here are some examples..

Certificate with a return of up to 6.5% for two years. A certificate with a fixed monthly return of 11% and 19% for three years. Dollar certificates with returns of up to 2.25%, 7%, and 9% for periods ranging from five to seven years.

National Bank Savings Certificate 2023 with a fixed return

The savings period for this 2023 National Bank savings certificate with a fixed return is three years. The National Bank 2023 triple savings certificate with a monthly return is characterized by having a fixed return throughout the duration of the certificate, and the return is calculated starting from the month following the month of purchase. The minimum amount to purchase a savings certificate is 1,000 pounds and multiples thereof. It can be invested in for a period of three years, and the return on the certificate is disbursed monthly and reaches 19%.

National Bank savings certificate with variable return 2023

The savings period for this certificate is up to 3 years. The National Bank 2023 triple savings certificate with a monthly return has a variable return throughout the duration of the certificate. In addition, the return is calculated from the month following the month of purchase. The minimum amount to purchase a savings certificate is 1,000 pounds and multiples thereof. In the first year, it reaches 22%, in the second year, 18%, and in the third year, 16%.

National Bank certificates for one year

Investment Certificate “B”, which lasts for one year and has a minimum of 500 pounds and doubles it, is disbursed monthly with a return of up to 11.50%. The group’s two-year investment certificate with a return of up to 6.5%. Triple platinum certificate with a fixed return of 11%. The group’s investment certificate is for one year and its fixed return is 6%. Five-year certificate with a fixed return of up to 10.25%. Ahl Misr dollar certificate for seven years with a fixed return of up to 2.25%. The new gold dollar certificate with a fixed return of up to 2.25%. Ahl Misr dollar certificate for five years with a fixed return of up to 2.25%.

Certificate of the people of Egypt for 7 years

The minimum amount to purchase an Ahl Masr certificate is one thousand dollars, and it can be multiplied. Its duration reaches 7 years. The return rate is 5.05% annually, 5.00% semi-annually, 4.95% quarterly, and 4.90% monthly.

1 hour ago

2023-11-07 07:40:29
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