2023-06-19 17:01:37
Do you want to invest in Al Ahli Bank? All you need to know regarding investment certificate “B” Investing in savings certificates may be one of the important options that citizens should consider, especially in light of the new offers offered by banks from time to time. In this context, today we review the details of the new certificate from the National Bank of Egypt, which can be obtained from any branch of the bank nationwide.
Details of the investment certificate “B” in the National Bank
The Investment Certificate B is newly introduced and is available for purchase with funds starting from EGP 500 and up in multiples. The certificate yields a fixed return of 11% annually, and the monthly return can be obtained through ATMs.
In addition, citizens and foreigners can purchase this certificate, and borrow once morest it. It can also be recovered following six months from the date of purchase, in addition to being recovered at the end of the period at its full nominal value.
Advantages of investing in the National Bank Certificate
The investment certificate “B” in the National Bank of Egypt offers a set of advantages that may make it an attractive option for many. Among the most prominent of these features:
Pay the return through branches or through ATMs. The term of the certificate is up to one year, starting from the business day following the date of purchase and is automatically renewed. The certificate generates a monthly return at a fixed rate.
However, Al-Ahli Bank is not the only one that offers this type of certificates. Qatar National Bank Al-Ahli and Al-Ahli United Bank have also announced savings certificates with special returns.
In the end, the investment certificate “B” from the National Bank is a good option for people who want to invest and get guaranteed returns, but other offers available in the market should also be considered before making a purchase decision.
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