A number of banks announced the details of savings certificates, after raising the interest rate. The certificates can be purchased starting from 1,000 pounds and its multiples. The details of offering each certificates are as follows:
Details of savings certificates in several banks:
Nasser Social Bank:
certificate Triple: at a rate of 15%, the return is paid annually, or 14.25% is paid on a quarterly basis, or 14% is paid monthly.
A certificate of giving back to the elderly: 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.
The Platinum Certificate for 3 years for a fixed return: the interest rate is 14% annually, the return is paid monthly.
The Summit Certificate for 3 years for a fixed return: the interest rate is 14% annually, the return is paid monthly.
Al Baraka Bank Egypt:
A savings certificate with a variable return for 3 years: the interest rate is 14% annually, the interest is paid monthly.
Housing & Development Bank:
Certificate for 3 years: with interest ranging between 13.5% annually on a periodic basis, the return is paid monthly, and 13.75% annually, the return is paid quarterly.
Al Ahli Bank of Kuwait:
Certificate for 3 years: with an interest rate of 13.5% annually, and the return is paid monthly.
QNB Al Ahli Bank:
Certificate for 3 years: with interest ranging between 13.5% annually and the return is paid monthly, and 13.75% annually and the return is paid quarterly.
HSBC Bank:
Certificate for 3 years: with an interest rate of 13.5% annually, the return is paid monthly.
