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Banque misr – Steps to buy Banque Misr Dollar Savings Certificates
Banque Misr recently issued two new savings certificates in US dollars for a period of three years: “Al-Qemma & Elite” with the highest returns of 9% and 7% per annum. To facilitate customers and non-customers, many channels have been made available through which certificates can be purchased. These channels include the internet, mobile banking BM Online, Banque Misr branches inside and [more].
Why have NBE and Banque Misr introduced new CDs?
Economist ashraf Ghorab explained the reasons behind why the National Bank of Egypt, and Banque Misr are offering two certificates of deposits online with a return of 23.5 percent per month and 27 percent per year for a period of one year, starting Friday.
Certificates of deposit in the foreign currencies
- 3-years tenor Certificate: Can be fully or partially redeemed after 6 months from the issuance date and after 12 months from the issuance date for a 5-years tenor certificate.
- Belady Certificates of deposit in Australian Dollar: The certificate can be issued for non-resident Egyptian individuals; The certificate tenor is 1/3/5 years.
- Talaat War certificate: The return of the certificate: The monthly certificate returns come by 23.5%, annual, with 27%. The minimum purchase of Talaat War certificate is 1000 pounds.
- The summit certificate from Banque Misr: The duration of the summit certificate is 3 years. The revenue of the summit is fixed by 21.5% annually. The minimum purchase of the summit certificate is 1000 Egyptian pounds and its double.
Banque Misr provides you with a large bouquet of three savings certificates that provide a large financial return for every citizen who wants to invest money safely, and this is instead of other investment methods, which are such as associations, real estate, and gold.
The Bank of egypt also provides the Egyptian Bank of Egypt, a trio, a variable return, which is famous for 30% certificates, and through which the citizen can obtain a variable return over the three years.
Banque Misr – Steps to Buy Banque Misr Dollar Savings Certificates
Banque Misr recently issued two new savings certificates in US dollars for a period of three years: “Al-Qemma” and “Elite” with the highest returns of 9% and 7% per annum. To facilitate customers and non-customers, many channels have been made available through which certificates can be purchased. These channels include the internet,mobile banking BM Online,Banque Misr branches inside,and more.