SAIB Bank Raises Yield on Excellence Certificate to 18.25%
Saib Bank has increased the annual return on the «Excellence» savings certificate with a fixed rate for a 3-year term to 18.25% with semi-annual payouts and 18% with monthly payouts, compared to previous rates of 17.5% and 17.25%, respectively. The certificate requires a minimum purchase of 500,000 Egyptian pounds, and customers can borrow against it after six months, with the option to redeem the amount after half a year. This move is part of the bank's strategy to offer competitive savings solutions that meet customer needs and strengthen its position in the Egyptian banking market.
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