increased purchase of savings certificates from banks; Especially following the Central Bank’s decision to raise the interest rate during the months of last March and May; Therefore, citizens are asking regarding the best savings certificates that bring them the highest interest.
savings certificates from banks
A number of banks offered new savings certificates at a high interest rate; With a minimum purchase of 50 thousand pounds, 100 thousand pounds, 250 thousand pounds, 500 thousand pounds and one million pounds.
The savings certificates from banks include the following:
Triple Royal Certificate
It is offered by the Development Bank at an interest rate of 14.25%, where the return is paid annually, with a minimum of one million pounds.
The National Bank of Kuwait also offered a triple certificate, at an interest rate of 14%, and the return is paid monthly, with a minimum purchase of one million pounds.
National Bank of Kuwait and Abu Dhabi Bank Certificate
The National Bank of Kuwait has offered a triple certificate at an interest rate of 13.5% annually, and the return is paid monthly, with a minimum purchase of five hundred thousand pounds.
As for Abu Dhabi Bank, it offers an Excellence Certificate, at an interest rate of 14% every year, and its return is paid every month, with a minimum of 250 thousand pounds.
CIB Bank and Egyptian Gulf Bank
Presents CIB . BankHis triple certificate, with an interest rate of no less than 13.5%, every year, and its return can be paid monthly, with a minimum purchase of regarding one hundred thousand pounds, and the last four at an interest rate of 14% annually.
Meanwhile, the Egyptian Gulf Bank presented a three-pronged (premium) certificate for a fixed return: the interest rate is 13.5% annually, and the return is paid monthly, with 50 thousand pounds as a minimum purchase.
