Banque Misr decided to raise the return on the new US dollar stability certificates for a period of three years, to reach 5.30 percent annually, 5.25 percent semi-annually, 5.20 percent quarterly, and 5.15 percent monthly with a minimum of US$100 or its multiples.
The bank also decided to amend the fixed interest rates for the stability certificate in US dollars issued for three years, as well as the stability certificate for five years, for new issues of certificates starting from October 9, and it can be purchased through all the bank’s branches or through the Internet.
The National Bank of Egypt (NBE) announced the adjustment of the fixed interest rates for the new golden certificate in US dollars issued by the bank for three years, as well as the US dollar certificates Ahl Masr for five years and seven years, for new issues of certificates starting from October 9.
The bank said in a statement, on Saturday, that these US dollar certificates can be purchased through all the bank’s branches, or through the Al-Ahly Net application, in order to facilitate for the customers.
The statement added that the return for the new golden certificate for a period of three years, ranges between 5.30 percent annually, 5.25 percent semi-annually, 5.20 percent quarterly and 5.15 percent monthly, with a minimum of $500 or its multiples.
The interest rate for Ahl Masr dollar certificate with for a term of five years ranges between 5.15 percent annually, 5.10 percent semi-annually, 5.05 percent quarterly, and five percent monthly, with a minimum purchase starting from $500 and its multiples.
