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Banque du Caire Boosts Mega Savings Rate to 18.5%
Cairo Bank is pleased to enhance its competitiveness by increasing the return on the "Mega Savings" account to 18.5% annually. The account offers various payout options, including monthly, quarterly, and annual distributions. The minimum opening deposit is set at 5,000 EGP, with a minimum balance of 100,000 EGP required to earn interest. Additionally, the bank has raised the daily current account interest rate to 17% annually, with a minimum balance of 500,000 EGP to calculate the return. Both accounts provide benefits such as issuing credit cards, free insurance coverage, and a range of banking services. These offerings aim to provide flexible savings solutions that meet customer needs and increase attractive returns, in line with the bank’s strategy to develop banking products and add value for clients.
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