Many people are looking for interest rates on certificates, especially in Egypt Bank AndNational Bank of EgyptThrough this report, we will get acquainted with those full details of interest to many groups, and those full details are as follows:
Interest rates on certificates at the National Bank and Banque Misr:
Banque Misr announced a few days ago, raising prices Benefit On savings certificates for a period of 5 years and 7 years, starting from the first of this July, the interest on a 5-year certificate with a fixed return became 10 instead of 9%, and it starts from the minimum purchase of 1200 pounds.
The interest rate on the 7-year certificate was increased, and became 10.5% instead of 9.5%, and it starts from the minimum purchase of 1000 pounds, while the bank’s decision included stopping the issuance of the certificate for a period of 5 years and 10 years, and the return is paid at the end of the period.
While the National Bank of Egypt maintained the interest rates on the certificates, the interest rate on the five-year certificate was 12.25%, paid monthly, and it starts from a minimum purchase of 1000 pounds with a fixed return, and the return is disbursed starting from the day following the purchase of the certificate.