Banque Misr on Wednesday announced the re-issue of ‘Ibn Misr’ savings certificate with up to 30 per cent interest as of March 6, 2024.
According to a bank statement yesterday, the certificate will offer annual returns up to 30 per cent in the first year, 25 per cent in the second year and 20 per cent in the third.
As for the certificate with quarterly returns, interest will be at 27 per cent interest rate in the first year, 23 per cent in the second year and 19 per cent in the third.
The certificate with monthly returns will offer 26 per cent interest in the first year, 22.5 per cent in the second and 19 per cent in the third.
the ‘el-Qema’ three-year saving certificate will offer a fixed returns of 21.5 per cent annually.
Certificates can be purchased through the bank’s online and mobile banking platform BM online and Banque Misr ATMs.
Certificates can also be purchased at any of the bank’s more than 800 branches nationwide.
