Mohamed El-Etreby, Chairman of Banque Misr, said in an exclusive statement to Youm7, that the proceeds of offering a savings certificate with a return of 18% amounted to more than 51 billion pounds within 4 days of its issuance.
Banque Misr reissued the new savings vessel “Talaat Harb” certificate, which is a savings certificate that enjoys a fixed rate of return throughout the period of holding the certificate. The certificate categories start from 1,000 pounds and its multiples, and are issued to natural individuals or minors.
It is possible to borrow once morest the guarantee of the certificate, in addition to the possibility of issuing credit cards with its guarantee, and the certificate can be redeemed following the lapse of 6 months, starting from the working day following the date of purchase (issuance date).
