Banque du Caire offers a new variable-yield certificate with an interest rate of 27% disbursed monthly

  • Cairo Bank has launched a new 3-year variable return certificate in Egyptian pounds for individuals with an annual return of 27% paid monthly.

 

  • The minimum purchase limit for the certificate is 1000 pounds and multiples thereof, and it allows the possibility of granting facilities of up to 90% of its value in the same currency.

 

  • The bank has launched a number of savings products, most notably the new daily dollar current account, which is intended for individuals only, with a return of up to 5%. The account provides a return starting from $1,000, while the minimum limit for opening the account is $100.

 

  • The bank also launched a new current account for individual customers in Egyptian pounds with a daily return of up to 21%. The minimum limit to open the account is about 100 thousand pounds, and the minimum limit to calculate the return is about 500 thousand pounds.

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