In a recent development, Egypt’s largest state banks, the National Bank of Egypt (NBE) and Banque Misr, have introduced new high-yielding certificates of deposit (CDs) with attractive annual returns. NBE offers CDs with returns of up to 23%, while Banque Misr provides even higher returns at 27%.
Starting from Friday, January 5, clients of both banks can conveniently purchase these new certificates through various channels, including online banking services, mobile applications, and branches. The move aims to attract investors and provide them with lucrative investment opportunities within the banking sector.
