Certificates of deposit (CDs)

Banks across Egypt offering CDs up to 30% per month
Business

Banks across Egypt offering CDs up to 30% per month

Several banks operating in Egypt have recently launched Certificate of Deposits with lucrative monthly and annual returns. Here are the…
Everything you need to know about the new 85% CD from ABK-Egypt
Business

Everything you need to know about the new 85% CD from ABK-Egypt

The Al Ahli Bank of Kuwait – Egypt on Tuesday announced the launch of a three-year certificate of deposit with…
Details of the 40.5 percent high yield CDs from Emirates NBD – Egypt bank
Business

Details of the 40.5 percent high yield CDs from Emirates NBD – Egypt bank

The Emirates NBD – Egypt bank announced the launch of three new certificates of deposits (CDs) with competitive returns exceeding…
National Bank of Egypt increases interest rates for certificates in 2024
Economy

National Bank of Egypt increases interest rates for certificates in 2024

The National Bank of Egypt (NBE) has adjusted the return on the Platinum Savings Certificate with a variable return, in…
CIB raises the interest rate on triple option CDs to 22 percent
Business

CIB raises the interest rate on triple option CDs to 22 percent

The Commercial International Bank (CIB) has raised the interest rate on the triple option certificate of deposits to 22 percent…
Proceeds of new CDs exceeded LE 32 billion in 3 days
Business

Proceeds of new CDs exceeded LE 32 billion in 3 days

A banking source revealed that the proceeds of the new certificates of deposits at the National Bank of Egypt and…
Proceeds from 1st day of Egyptian banks issuing CDs at LE11 billion
Business

Proceeds from 1st day of Egyptian banks issuing CDs at LE11 billion

The proceeds of the new certificates of deposits, offered by the National Bank of Egypt and Banque Misr on Friday…
Why have NBE and Banque Misr introduced new CDs?
Business

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…
With the maturity of 25% CDs approaching, will banks offer up new savings pots?
Business

With the maturity of 25% CDs approaching, will banks offer up new savings pots?

The term for the high-yield certificates of deposits from the National Bank of Egypt and Banque Misr offered this January…
Will Egyptian banks offer new high-yield CDs?
Economy

Will Egyptian banks offer new high-yield CDs?

Banking expert Tarek Metwally explained on Friday that the Central Bank of Egypt’s decision on raising interest rate by 100…
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