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المصري اليوم
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المصري اليوم

2026-08-24T17:00:05.000Z

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Interest on 200,000 EGP from bank certificates

Interest on 200,000 EGP from bank certificates

The article discusses the return on an amount of 200,000 Egyptian pounds from Egypt's National Bank savings certificates for 2026, following the Central Bank's decision to keep the interest rate at 19%. It explains different types of certificates, such as the platinum certificate with monthly returns, the progressive (gradual) return certificate, and the annual return certificate, detailing how to calculate the interest based on the varying interest rates for each certificate. For example, annual interests amount to 42,000 pounds on the progressive certificate with a 21% rate in the first year, and 44,000 pounds on the platinum certificate with a 22% rate in the first year, with returns distributed monthly or quarterly. The interest calculation method involves multiplying the amount of 200,000 pounds by the specified interest rate and dividing the result by 100 to determine the annual interest value.

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