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The National Bank of Egypt offers the "Extra Savings" account, which yields up to 17%. Opening the account requires a minimum of 20,000 EGP, and interest is calculated on a balance starting from 50,000 EGP, with a monthly return of 16% and an annual return of 17%. Any Egyptian or foreign individual, whether adult or minor, can open the account free of charge by providing the necessary documents. The interest is calculated progressively based on the account balance, making it an attractive savings option.
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