Banque Misr and Al-Ahly of Egypt will start disbursing the dues of the 18 certificates, with the entry into a working day tomorrow, Wednesday, March 22, after the completion of their one-year deadline. The two banks issued the 18% certificates after an extraordinary meeting of the Monetary Policy Committee at the Central Bank on March … Read more
National Banks announced andCairo And Banque Misr, stopping the new certificate with an annual interest of 25%, and a monthly interest of 22.5%, at the end of today’s work (Tuesday), after achieving the desired targets. And the National Bank of Egypt stated – in a statement – that about 60% of the purchases were carried … Read more
04:42 PM Tuesday, January 17, 2023 I wrote – Manal Al-Masry: Banque Misr raised the interest rate on all its savings accounts from 2.25% to 3%, depending on the type of account, with the beginning of the new year 2023, after adjusting its interest rate structure. The increase in the interest rate in Banque Misr … Read more
04:20 PM Sunday, January 15, 2023 I wrote – Sherine Salah: The price movements of the dollar varied today, Sunday, against the Egyptian pound, at the end of trading, compared to its level at the end of trading last Thursday. The price of the dollar rose to around 32 pounds at historical levels last Wednesday, … Read more
01:18 PM Friday 06 January 2023 I wrote – Manal Al-Masry: The National Bank and Egypt allow its customers the freedom to break their certificates to buy back the certificate with a high return of 25%, but each type of it with the two banks is subject to different standards, including the period that has … Read more
Today, Banque Misr decided to re-issue the new savings vessel, a certificate of “Talaat harbIt is a one-year savings certificate that enjoys a fixed rate of return throughout the period of holding the certificate. The return rate for the certificate is 25% annually, disbursed at the end of the certificate period. This return can be … Read more
The bank confirmed that those Certificate It has been made available since the beginning of the day’s work in all the bank’s branches and all the bank’s electronic channels. as announced Egyptian Central Bank Yesterday, the net cash reserves of foreign currencies increased by about $500 million, to reach about $34 billion by the end … Read more
10:50 pm Thursday, December 22, 2022 I wrote – Manal Al-Masry: Banque Misr and the National Bank of Egypt raised the interest rate by 3% on triple saving certificates with a variable return, due to its link to the deposit rate with the Central Bank, after the latter’s decision a few hours ago to raise … Read more