#interest rate
The National Bank of Egypt (NBE) and Banque Misr are now offering 7 percent interest US dollar certificates to be paid back in dollars, according to posts published by the banks on Facebook on 25 July. They are also offering 9 percent interest dollar certificates with the interest paid up front in Egyptian pounds. The annual 7 percent return of the ‘Al Ahly Plus in Dollars’ and 'Elite' certificates is paid out quarterly in US dollars, with the possibility of…
