Three ways to buy new NBE savings certificates ...Egypt

EGYPT INDEPENDENT - News
source : EGYPT INDEPENDENT ( Egypt ) () 36
The new National Bank of Egypt’s savings certificates were the focus of attention by many in the past few hours, as the bank is offering two savings certificates for a term of three years. The new certificates reflect the positive vision of a decrease in interest rates during the coming period. There is an expected gradual decline in inflation rates and market stability due to international and domestic changes. These include the Central Bank of Egypt’s policy targeting inflation. Types of National Bank of Egypt savings certificates 1- A savings certificate with a fixed annual return of 19 percent for a period of three years. The return is paid monthly. 2- A savings certificate with a variab

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