QNB Al Ahli Bank has announced raising the interest rate on the three-year certificate for a fixed return, by 2%, and it will be offered to customers starting next Sunday, according to what was announced by the bank’s official page on Social Media.
Where the interest rate increased by 2% on the three-year certificate for a fixed return, to be after the increase, 13.5% instead of 11.5%, and the return is paid monthly, and also 13.75% instead of 11.75%, and the return is paid quarterly.
QNB Al-Ahly Bank’s decision to raise the interest rate on the triple certificate came, especially after some banks moved to adjust the interest rate on some certificates, coinciding with the decision of the Central Bank of Egypt, to raise interest rates at the last meeting.