Home » Business » National Bank of Egypt Premium Certificates: Highest Returns and Benefits Revealed

National Bank of Egypt Premium Certificates: Highest Returns and Benefits Revealed

National United Bank of Egypt certificates topped all search engines on the list of banks with the highest returns in Egypt for savings accounts with a fixed return. It is the highest “Premium” certificate in Egypt, with a return of 20% annually, disbursed monthly. The duration of the certificate is 3 years, and the minimum purchase is 500,000. EGP, continue the article with us to learn the details of the National Bank of Egypt’s certificates.

National Bank of Egypt certificates

Through our website, “Balad News”, we transmit to you the certificates of the National Bank of Egypt, as when calculating the value of this interest on a certificate with a variable return of 22%, for example, if you purchased it for 70 thousand pounds, the monthly return on this certificate as for the first year will reach approximately From 1560 pounds per month, its value is obtained as long as you do not remove it or break it from the bank and take the return on which the purchase was made, knowing that the bank also provides all facilities to all those wishing to acquire investment certificates suitable for all clients, and when calculating the return of a certificate amounting to 18% on the value of 100 thousand pounds, the annual return for this certificate reaches 18 thousand pounds. After that, the annual return is divided by 12 months, so that the monthly return in this case is 1500 pounds as a fixed return on the value of the certificate, and the client gets Many different benefits that the bank provides to all customers who purchased the certificate from within the National Bank or Banque Misr.

Bank certificates today

It is worth noting that no bank certificates have been announced yet, especially after the Central Bank’s announcement to fix the interest rate, in addition to the fact that the highest certificate in the National Bank and Banque Misr is 22% diminishing return, which the customer obtains with some advantages that he also obtains immediately after purchasing it. for this certificate.

He added that raising the interest rate enhances the negative interest differential and reduces the real income of consumers, which contributes to a relative decline in foreign and domestic direct investment, as the cost of financing rises above the expected return, which leads to a contraction in production and investment, and the economic growth rate and employment rate decline.

2023-12-24 18:39:23
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