The National Bank of Egypt (NBE) and Banque Misr will issue a one-year saving certificate at an annual interest rate of 18%, according to recent media reports
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Banque Misr will offer the fixed-return rate Talaat Harb certificate, with the issuance category of EGP 1,000 and its increments.
In exclusive statements to MENA, Deputy Chairman of the NBE Yehia Abul-Fotouh said that the ALCO committee at the NBE held an emergency meeting Monday, during which a decision was taken to issue a new saving certificate for one year.
