The biggest surprise is the return rate, as this certificate provides the highest return rate available and is paid monthly, at 11%. The customer can say that there are a number of banks that provide the same rate of return, but he has to pay attention to the duration of the certificate.
For banks that provide a return rate of 11%, the certificate period is only 3 years, while the Al Ahli Bank of Kuwait certificate has a fixed return for 4 years.
The bank issues the certificate under the name of “distinguished certificate”, There is a 5-year certificate with an interest rate of 11%, which is paid monthly.
Or a daily exchange with a return of 10.5%.
The certificate is purchased for natural individuals only (Egyptians or foreigners).
The certificate is issued with a value of EGP 1,000 and its multiples.
The return is automatically added to the customer’s current or savings account.
You can borrow up to 95% of the value of the certificate.
For a customer who can redeem the value of the certificate after six months from the date of its issuance.
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