An update has been made in line with the recent decision by the Egyptian government and the Central Bank of Egypt to raise interest rates by 6% on March 6.
These actions are aimed at tackling the issues faced by the local currency and offering citizens attractive investment prospects, particularly given the current market conditions in Egypt.
Omnia Shahin, who is the Head of the Retail Banking Sector of MID Bank, recently stated that they are eager to offer a diverse range of savings products following the Central Bank of Egypt’s rate hike.
Shahin further added that the bank aims to empower its customers to effectively manage their finances and secure their future.
MID Bank is dedicated to pursuing an ambitious strategy that revolves around expanding and diversifying its financial and banking services to cater to the ever-changing banking sector.
Customers are able to acquire certificates at a minimum value of EGP 1,000 by visiting any of our MID Bank branches.
