22 Hrs
Source:
الاقتصادية
الاقتصادية
Ready to play
Ready to play
Bank of Egypt has increased the interest rate on the "Qimah" tri-monthly fixed-rate certificate to 17.75% annually, with an option for quarterly payouts at a rate of 17.85%. Additionally, the bank has launched a variety of savings certificates with different maturities, aiming to enhance the attractiveness of saving in the Egyptian pound and to boost inflows into the banking market. The offerings include certificates with variable returns linked to the deposit rate, certificates with maturities ranging from 3 to 5 years, as well as short-term deposits offering yields of up to 19%.
Notice: This Is an AI-Generated Summary
Comments (0)