Alex Prime Certificate The savings certificates differ from one bank to another according to the interest rate that the customer benefits from when purchasing them. The Bank of Alexandria is one of the largest banks in the Arab Republic of Egypt and has a large number of clients, and the bank offers many facilities to all visitors so that they can accomplish their tasks Whether opening new accounts or making savings certificates, which are considered investment, as the client benefits on a monthly or annual basis from the income he receives. It is worth noting that the Central Bank of Egypt has, during the past months, raised the interest rate on all operations that take place within banks.
Alex Prime Certificate
The Central Bank issued a new certificate that caused a stir in the Egyptian and Arab financial markets, which is considered the largest of its kind, and it was through the two banks of Al-Ahly and Egypt, following which it was stopped, which made many new clients want to buy new investment certificates to benefit from them, including the Alex Prime Certificate from the Bank of Alexandria. 24, which contains more than one feature that we will discuss in detail.
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Features of the Bank of Alexandria Certificate with a Variable Return
- A variable return that competes with savings certificates in other banks, where the rate reaches 13.5%.
- The interest is added on a monthly basis to the customer’s account.
- The customer can get a good advantage which is a loan and financing with the guarantee of the Bank of Alexandria certificate.
- He can choose between 3-5 years which is the default duration of the degree.
- The minimum limit to which the Alex Prime certificate is linked is one thousand Egyptian pounds.
- Customers can get a return for the duration of the certificate, which amounts to 40,500 EGP by purchasing a certificate at a price of 300,000 EGP only.