A certificate of savings and a lot of livelihood.. at 1000 pounds in some Egyptian banks

All banks operating in the local market always want to attract a lot of customers and citizens through many means and methods, the most important of which are savings certificates that have different returns, especially after the rise in interest rates locally after the decision of the Monetary Policy Committee of the Central Bank of Egypt, and the interest was raised by 300 A basis point, or equivalent to 3%, since the start of the current year 2022 in two continuous meetings, and it currently amounts to 11.25%, 12.25% and 11.75%, respectively.

Certificate of savings and a lot of livelihood in Egyptian banks

There are many savings certificates that can be obtained from banks, and they are at a minimum price of 1,000 pounds in Egypt, the most important of which are as follows:

• and poses National Bank of Egypt Triple savings certificate with a minimum of 1,000 pounds for a period of 3 years and a rate of return of 14%.
• Nasser Bank gives all its customers a savings certificate with a return of up to 15% for a period of three years, with a minimum purchase of the certificate not exceeding 1,000 pounds and its multiples.
• Banque Misr offers all its clients a triple savings certificate at a return rate of up to 14% for a period of 3 years and its value does not exceed 1,000 pounds, and there is the possibility of recovering the value of the certificate “breaking the certificate” after the lapse of 6 months.
• Banque du Caire revealed the launch of the new Primo Extra certificate in the Egyptian pound, with a competitive interest rate of 13.25% per month and a return of 13.5% quarterly for three years.
• The Housing and Development Bank provides a savings certificate with a return that ranges between 13.5% to 13.75%, according to the periodicity of disbursing the return “monthly and half-monthly”, with a minimum of 1,000 pounds for the value of the certificate and be in Egyptian pounds.