Certificates of deposit (CDs)

Nasser Social Bank introduces CD with interest rate of 17-18%
Business

Nasser Social Bank introduces CD with interest rate of 17-18%

Minister of Social Solidarity Nevine al-Kabbaj announced Tuesday the launch of a new certificate of deposit under the “Hayah Karima”…
Banque Misr: time period for availability of new CDs is open
Business

Banque Misr: time period for availability of new CDs is open

The President of the Federation of Egyptian Banks and Chairman of the Board of Directors of Banque Misr, Mohamed el-Etreby,…
NBE denies issuance of CDs at 30% interest rate
Business

NBE denies issuance of CDs at 30% interest rate

The National Bank of Egypt denied reports that the bank or any banks operating in Egypt had issued a new…
Arab African International Bank raises interest on certificates of deposit
Egypt

Arab African International Bank raises interest on certificates of deposit

The Arab African International Bank on Sunday announced raising the interest rate on certificates of deposits to become the highest…
Egypt banks stop issuance of CDs by the end of January
Business

Egypt banks stop issuance of CDs by the end of January

The search rates of citizens who wish to purchase the new Certificates of Deposit (CDs) with a return of 25…
CIB Egypt offers Certificates of Deposit with distinctive return, following NBE, Banque Misr
Business

CIB Egypt offers Certificates of Deposit with distinctive return, following NBE, Banque Misr

Commercial International Bank Egypt announced Tuesday, that it would raise the interest on Certificates of Deposit (CDs) for a year…
Plan to sell debt to citizens abroad delayed
Egypt

Plan to sell debt to citizens abroad delayed

An Egyptian plan to sell certificates of deposit (CDs) — a form of debt — to its citizens living abroad…
Egyptian government bonds available in Saudi Arabia
Egypt

Egyptian government bonds available in Saudi Arabia

Riyadh — Egyptian government bonds are now available for purchase by Egyptians living in Saudi Arabia, the Egyptian Embassy in…
Govt to offer citizens abroad US$2 bln in certificates of deposit
Egypt

Govt to offer citizens abroad US$2 bln in certificates of deposit

Egypt will offer its citizens living outside the country US$2 billion in three- and five-year certificates of deposit (CDs) within…
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