He studies Cairo Bank Obtaining the approval of the Central Bank of Egypt to issue a new savings certificate with a return exceeding 25% during the month of January, coinciding with the imminent maturity of its one-year savings certificates, according to what a source within the bank told Al-Osboa. Banque du Caire will begin disbursing … Read more
With the rise in inflation rates in the country, which exceeded 40% last February, before retreating after that, many citizens are looking for a real refuge that protects their money from the current and upcoming eroding pressures. In the following lines, (The Week) provides some important details about certificates of savings in Egyptian banks and … Read more
The Government admitted the possibility of moving forward with changes in the rates of Savings Certificates (CA) until the end of 2025. According to the newspaper Public, the good return on the public debt product may remain at the level of 3.5%, where it currently stands, over the next two years. This is due to … Read more
Buying National Bank certificatesA great turnout from citizens during the past hours to purchase the 19% and 22% certificates of the National Bank of Egypt, since the announcement of their offering yesterday, Sunday, April 2, “11th of Ramadan.” In this context, “The Week” presents to its readers and followers everything related to the new National … Read more
The price of gold now.. The price of gold rose today, Friday, March 31, in the goldsmiths of Egypt, to exceed a gram of 21 carat gold, the barrier of 2200 pounds. The price of a gram of 18 carat gold in the middle of today’s trading, Friday, exceeded the 1900 pounds barrier. Gold price … Read more
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
The Egyptian Dar Al Iftaa published a fatwa on the official page on the social networking site “Facebook” about zakat on the money saved in the bank, stressing that if the money saved in the bank has reached the legal quorum for the money in which zakat is due – which is 85 grams of … Read more
The National Bank of Egypt announced the end of the offering Platinum certificates The annual return is 22.5% and 25% by the end of business tomorrow, Tuesday. The bank said – in a statement, today, Monday – that the balance of this savings vessel amounted to about 290 billion pounds, about 60% of which was … Read more
The bank confirmed that those Certificate It was made available from the beginning of the working day in all bank branches and in all bank telematic channels. as announced Central Bank of Egypt Yesterday, net foreign exchange liquid reserves increased by about $500 million, to reach about $34 billion by the end of December 2022, … Read more
4:05 pm Tuesday 03 January 2023 I wrote – Manal Al-Masry: The maturities of the 18% high-yield savings bonds on client accounts at Al-Ahly and Egypt Banks run from next March 22 until the latest deadline of May 31, when work on the certificate was suspended, which may require one re-introducing it again to boost … Read more