A group of National Bank of Egypt investment certificates with a return of 27% were offered, which are considered the best dollar savings certificates in Egypt. Therefore, we learn about the value of the National Bank certificate with a return of 27% and the most prominent certificates provided by the National Bank of Egypt as well.
National Bank of Egypt investment certificates with a return of 27%
The National Bank of Egypt is working to provide the National Bank certificate immediately, which has a return rate of 27% of the value of the certificate and its duration is 3 years, and profits are obtained in Egyptian pounds, while the minimum purchase amount is 1000 US dollars and multiples thereof as well.
On Wednesday, January 12, 2024, the National Bank of Egypt announced the launch of a new savings certificate, the Platinum Certificate, with a duration of one year with a return of up to 27% disbursed at the end of the certificate period, or with a return of 23.5% disbursed monthly.
These certificates target natural individuals (adults and minors – Egyptians and foreigners), and interest is calculated from the day immediately following the purchase of the certificate. The value of the certificate may not be redeemed before 6 months have passed, starting from the working day following the day of purchase. The certificate is redeemed at the end of its term at its full nominal value, and it can be Redeem it before the expiry date according to the redemption values determined by the bank.
Below are the details of the new certificates:
- Name: National Bank of Egypt Platinum Certificate
- Duration of the certificate: one year
- Return:
- 27% is paid at the end of the certificate period
- 23.5% paid monthly
- Certificate denominations: 1000 pounds and its multiples
- the conditions:
- The customer must be a natural individual (adult or minor)
- Must be Egyptian or foreign
- The value of the certificate may not be redeemed before 6 months have passed, starting from the business day following the day of purchase
- The certificate is redeemed at the end of its term for its full nominal value
- It can be redeemed before the expiry date according to the redemption values determined by the bank
The offering of these new certificates comes in an effort by the National Bank of Egypt to provide a suitable alternative for various categories of customers, following the maturity date of the bank’s platinum certificates with a return of 25%, which were launched last January.
The most prominent certificates of the National Bank of Egypt
In the context of learning about the National Bank of Egypt’s certificates with a return of 27%, we learn through the following a group of the most prominent National Bank of Egypt certificates in detail:
1- AlAhly Plus certificate
The National Bank of Egypt offers the Al Ahly Plus certificate, which works to achieve the highest return on dollar savings certificates, which have a duration of 3 years with a return rate of 7%.
It is worth noting that obtaining the profit is quarterly and in US dollars, and the minimum amount to purchase it is 1000 US dollars and multiples thereof.
2- Elite certificate
Banque Misr works to provide a high return on dollar savings certificates, the most prominent of which is the Elite certificate, which has a duration of 3 years. The annual return rate is 7%, and it is disbursed in quarterly US dollars. The minimum amount to purchase the certificate is $1,000 and its multiples.
How to buy National Bank certificates
In the context of learning about the most prominent certificates of the National Bank of Egypt, we learn through the following how to purchase National Bank certificates in detail:
- You can purchase through branches of the National Bank of Egypt.
- Through internet banking.
- Mobile banking application.
- You can purchase through telephone calls with the bank at 19623.
The National Bank of Egypt and Banque Misr in the Arab Republic of Egypt work to provide a distinguished group of savings certificates that many people would like to know about in order to benefit from them as much as possible.
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2024-01-18 19:08:11
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