The new interest rates on deposits and lending in the National Bank of Savings … Get to know them

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The Monetary Policy Committee of the Central Bank announced in its last meeting, which was held last Wednesday, that interest rates on deposits and lending will be fixed at the level of 8.25% and 9.25%, respectively, and we will present to you the new interest rates in the National Bank on savings certificates because It is considered one of the highest returns in the Egyptian market, reaching 11% annually.

Certificates of savings in the National Bank and the new interest rates in it

The platinum variable certificate is provided by the National Bank of Egypt and its details include:

  • The interest rate is 8.5% annually.
  • The type of interest is variable.
  • The periodicity of the exchange is quarterly.
  • The duration of the certificate is 3 years.
  • The minimum is 1000 pounds.

The National Bank offers the platinum certificate, and as for the following details:

  • The interest rate is 11% per annum.
  • The type of interest is fixed for the duration of the certificate.
  • Monthly exchange period.
  • The duration of the certificate is 3 years.
  • The minimum is 1000 pounds.

AlAhli Bank provides the five-year fixed certificate with a minimum of 1000 pounds, the most important details of which are the following:

  • The interest rate is 10.25% per annum.
  • The type of interest is fixed for the duration of the certificate.
  • The exchange period is monthly.
  • The term of the certificate is 5 years.
  • The minimum is 1000 pounds.

As for the changing five-year certificate that is presented in National Bank of Egypt With a variable return, with a minimum purchase limit of 1000 pounds, and a 10.25% return is paid to it.

The level of deposits is put up in the National Bank and the deposits are for various exchange periodicals and have a minimum of 1,000 pounds for the deposit to be opened, and the period ranges from one to 7 years, and this is provided that the monthly return is 3.68%, the quarterly return is 3.695%, the semi-annual 3.715%, and the annual 3.750%.



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