Savings certificates

With rates of interest approaching, be taught in regards to the highest returns supplied on certificates at 11 banks

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With rates of interest approaching, be taught in regards to the highest returns supplied on certificates at 11 banks

Manal Al-Masry wrote: The present interval appears to be the most effective time for financial institution clients to speculate their financial savings in certificates and deposits after the Central Financial institution is predicted to cut back the rate of interest greater than yearly, after the speed of inflation declines and the recession continues. throughout this … Read more

Banque du Caire to Offer New Savings Certificate with Over 25% Return in January

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Banque du Caire to Offer New Savings Certificate with Over 25% Return in January

He studies Cairo Bank Obtaining the approval of the Central Bank of Egypt to issue a new savings certificate with a return exceeding 25% during the month of January, coinciding with the imminent maturity of its one-year savings certificates, according to what a source within the bank told Al-Osboa. Banque du Caire will begin disbursing … Read more

“Protecting Your Money from Inflation: Savings Certificates and Gold in Egypt”

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“Protecting Your Money from Inflation: Savings Certificates and Gold in Egypt”

With the rise in inflation rates in the country, which exceeded 40% last February, before retreating after that, many citizens are looking for a real refuge that protects their money from the current and upcoming eroding pressures. In the following lines, (The Week) provides some important details about certificates of savings in Egyptian banks and … Read more

Savings certificates may remain at the maximum rate of 3.5% for the next two years – Economy

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Savings certificates may remain at the maximum rate of 3.5% for the next two years – Economy

The Government admitted the possibility of moving forward with changes in the rates of Savings Certificates (CA) until the end of 2025. According to the newspaper Public, the good return on the public debt product may remain at the level of 3.5%, where it currently stands, over the next two years. This is due to … Read more

How to Purchase National Bank Certificates with 22% Interest through your Mobile Phone in a Week

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How to Purchase National Bank Certificates with 22% Interest through your Mobile Phone in a Week

Buying National Bank certificatesA great turnout from citizens during the past hours to purchase the 19% and 22% certificates of the National Bank of Egypt, since the announcement of their offering yesterday, Sunday, April 2, “11th of Ramadan.” In this context, “The Week” presents to its readers and followers everything related to the new National … Read more

Gold prices surge due to high demand for bullion and pounds following interest rate hike – weekly update.

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Gold prices surge due to high demand for bullion and pounds following interest rate hike – weekly update.

The price of gold now.. The price of gold rose today, Friday, March 31, in the goldsmiths of Egypt, to exceed a gram of 21 carat gold, the barrier of 2200 pounds. The price of a gram of 18 carat gold in the middle of today’s trading, Friday, exceeded the 1900 pounds barrier. Gold price … Read more

Banque Misr and Al-Ahly Bank Commence Distribution of 18% Payments… Anticipated Release of Fresh Certificates by a Banker – The Week.

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Banque Misr and Al-Ahly Bank Commence Distribution of 18% Payments… Anticipated Release of Fresh Certificates by a Banker – The Week.

Banque Misr and Al-Ahly of Egypt will start disbursing the dues of the 18 certificates, with the entry into a working day tomorrow, Wednesday, March 22, after the completion of their one-year deadline. The two banks issued the 18% certificates after an extraordinary meeting of the Monetary Policy Committee at the Central Bank on March … Read more

Dar Al Iftaa reveals cases of zakat on money saved in the bank

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Dar Al Iftaa reveals cases of zakat on money saved in the bank

The Egyptian Dar Al Iftaa published a fatwa on the official page on the social networking site “Facebook” about zakat on the money saved in the bank, stressing that if the money saved in the bank has reached the legal quorum for the money in which zakat is due – which is 85 grams of … Read more

The National Bank: The proceeds of the new certificates, 22.5% and 25%, amounted to 290 billion pounds

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The National Bank: The proceeds of the new certificates, 22.5% and 25%, amounted to 290 billion pounds

The National Bank of Egypt announced the end of the offering Platinum certificates The annual return is 22.5% and 25% by the end of business tomorrow, Tuesday. The bank said – in a statement, today, Monday – that the balance of this savings vessel amounted to about 290 billion pounds, about 60% of which was … Read more

Banque Misr presents a new savings certificate with a yield of 25% per annum

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Banque Misr presents a new savings certificate with a yield of 25% per annum

The bank confirmed that those Certificate It was made available from the beginning of the working day in all bank branches and in all bank telematic channels. as announced Central Bank of Egypt Yesterday, net foreign exchange liquid reserves increased by about $500 million, to reach about $34 billion by the end of December 2022, … Read more