02:48 PM
Monday 01 August 2022
I wrote – Manal Al-Masry:
Nine banks allow customers to purchase a 3-year savings certificate, and the interest rate ranges between 13.5% to 15.2%, according to the percentage established in each bank from the first thousand pounds, which is the minimum minimum for purchasing certificates with distinctive interest in the banking system.
Banks enable certificate holders to enjoy various banking advantages, such as the right to borrow with a guarantee of up to 95% of its total value, or to issue a credit card to pay or installment purchases electronically. in the bank.
In the following lines, Masrawy presents details of the best interest rate offered on certificates, and starts buying them from the first thousand pounds in 9 banks.
Nasser Social Bank
Triple Certificate: The interest rate is 15%, the return is paid annually, or 14.25% is paid on a quarterly basis, or 14% is paid monthly.
Triple Certificate (Give Back) for the elderly only: at a return rate of 15.25%, the return is paid annually, or 14.5% is paid on a quarterly basis, or 14.25% is paid monthly.
National Bank of Egypt
The platinum certificate is for a period of 3 years for a fixed return: the interest rate is 14% annually, and the return is paid monthly.
Egypt Bank
The Summit Certificate is for a period of 3 years for a fixed return: the interest rate is 14% annually, and the return is paid monthly.
Al Baraka Bank of Egypt
A savings certificate (the Golden Barakah) for 3 years: a variable return according to the results of the business, and that it is not less than 14% annually and is paid on a monthly basis.
Cairo Bank
Primo Extra Certificate: The interest rate ranges between 13.25% annually, monthly return, and 13.5% annually, quarterly return.
Housing & Development Bank
3-year certificate: with interest ranging between 13.5% annually for the monthly return periodicity, and 13.75% annually for the quarterly return periodic.
Al Ahli Bank of Kuwait
3-year certificate: with an interest of 13.5% annually, with a monthly periodicity to pay the return.
QNB Al Ahli Bank
3-year certificate: with interest ranging between 13.5% annually for the monthly interest payment period, and 13.75% annually for the quarterly interest payment period.
Egyptian Export Development Bank
He sells a triple savings certificate with an interest of 14% per annum, paid monthly.