National Bank of Egypt (NBE)

National Bank of Egypt increases interest rates for certificates in 2024
Economy

National Bank of Egypt increases interest rates for certificates in 2024

The National Bank of Egypt (NBE) has adjusted the return on the Platinum Savings Certificate with a variable return, in…
Proceeds of new CDs exceeded LE 32 billion in 3 days
Business

Proceeds of new CDs exceeded LE 32 billion in 3 days

A banking source revealed that the proceeds of the new certificates of deposits at the National Bank of Egypt and…
Proceeds from 1st day of Egyptian banks issuing CDs at LE11 billion
Business

Proceeds from 1st day of Egyptian banks issuing CDs at LE11 billion

The proceeds of the new certificates of deposits, offered by the National Bank of Egypt and Banque Misr on Friday…
Vice President of NBE reveals details of new US dollar certificates
Business

Vice President of NBE reveals details of new US dollar certificates

The National Bank of Egypt on Wednesday began issuing two new certificates of deposit (CDs) in US dollars for a…
Amr Adib addresses speculations on new US dollar saving certificate
Business

Amr Adib addresses speculations on new US dollar saving certificate

Journalist and media host Amr Adib addressed viral social media discussion regarding the National Bank of Egypt discussing the issuance…
NBE announces high turnout for new saving certificates
Egypt

NBE announces high turnout for new saving certificates

The National Bank of Egypt (NBE) has reported a high turnout for its newly introduced maturity saving certificates with fixed…
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…
The 25% term deposit has brought in LE 100 billion in two days
Egypt

The 25% term deposit has brought in LE 100 billion in two days

The National Bank of Egypt and Banque Misr announced on Wednesday the issuance of a new one-year savings certificate with…
Will Egyptian banks offer certificates with 20% interest rate soon?
Business

Will Egyptian banks offer certificates with 20% interest rate soon?

The Central Bank of Egypt announced various decisions on Thursday aimed at achieving reform measures to ensure the protection and…
Expert explains reasons for raising interest rates on US dollar certificates
Business

Expert explains reasons for raising interest rates on US dollar certificates

Economic expert and lecturer at the American University in Cairo, Hani Genena, said that the main reason for Egyptian banks…
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