Maha Abdel Razek Shares with Top 50 Her Positive Feedback on NBE & BM’s Dollar-Saving Certificates, Egypt’s Banking System
As a Financial Consultant and CEO of a well-established property firm, Maha Abdel Razek is more than qualified to express her feedback on the new Dollar-Saving certificates with a 7% return rate recently offered by the National Bank of Egypt and Banque Misr. Luckily the Top50 Women Forum’s team was blessed to listen to what […]
Here’s What Political and Economic Science Expert Mai El Batran Thinks About NBE & BM’s Dollar-saving Certificates
During a one-to-one with the Top 50 Women Forum, Political and Economic expert Mai El Batran shared her expert opinion concerning the recent 7% Dollar Saving Certificates offered by Banque Misr and the National Bank of Egypt. She also gave professional insights related to investment and talked about the banking system in Egypt. When asked […]
Heba El Desouky Shares with Top 50 Her Thoughts on NBE & BM’s Dollar-Saving Certificates
The Sector Head and Hotel Development at one of the Tourism and Hotels companies, Heba El Desouky, exclusively shared with the Top50 Women Forum her honest opinion and raw thoughts regarding the recent Dollar saving certificates offered by NBE and Banque Misr. She was seemingly impressed by the Banks’ move as she expressed her thoughts […]
Misr Life Insurance, National Bank of Egypt Issue 1st USD Pension Certificates for Expats
Misr Life Insurance and the National Bank of Egypt (NBE) jointly launched Maash Bokra “Future Pension,” the first USD pension certificates for Egyptians working overseas. The certificates are available to individuals aged between 18 and 59 and have maturities ranging from five to 15 years. Certificate holders can choose the age at which they receive their […]
Dollar Price Rate Remains Stable at Egypt’s Major Banks
At the start of Sunday’s transactions at Egypt’s major banks, the US dollar’s value relative to the Egyptian pound was constant. The dollar exchange rate at the National Bank of Egypt (NBE) and Banque Misr was EGP 30.75 for purchasing and EGP 30.85 for selling. The dollar exchange rate at the Commercial International Bank (CIB) […]
Including HDB… Several Banks to Increase Loan Offerings
The banks were Banque Misr, the National Bank of Egypt (NBE), Banque du Caire, the Bank of Alexandria, the Housing and Development Bank (HDB), and the Agricultural Bank of Egypt (ABE). The Ministry also agreed with the Micro, Small, and Medium Enterprise Development Agency (MSMEDA) to provide technical support to project owners, train employees and […]
Egypt’s Commercial Bank launches 6 percent 1-year USD certificates in Egypt
The Commercial International Bank (CIB) introduced a new one-year USD-denominated certificate of deposit (CD) with a monthly yield of 6 percent. The minimum investment for the new CDs is $10,000, and clients can redeem them at any time, as per the bank’s statement. Meanwhile, on July 26, the state-owned National Bank of Egypt (NBE) and […]
Egypt’s Largest State-Owned Banks Issues New ‘Highest Interest Ever’ Dollar Savings Certificate
The National Bank of Egypt (NBE) and Banque Misr, the two largest state banks in Egypt, issued two certificates of deposits denominated in US dollars with exceptional interest rates between 7-9%. These certificates are valid for three years and are available to both Egyptian nationals and foreigners with a minimum deposit of $1000. This is […]
NBE, Banque Misr Issue New Dollar Saving Certificates
Earlier today, the National Bank of Egypt (NBE) and Banque Misr issued new three-year foreign currency saving certificates, finally catering to clients’ ongoing demands, seeking to transfer savings to dollar currency. According to the two banks’ statements, the dollar certificates will be available to issue as of Wednesday, July 26. The bank stated that the […]
CBE Lists Average Rates for Dollar, Euro, Sterling, Saudi Riyal
According to CBE, Early Sunday’s transactions at Egypt’s biggest banks showed that the exchange rate of the US dollar against the Egyptian pound remained stable. The Central Bank stated that the average dollar rate in the Egyptian market registered EGP 30.84 for buying and EGP 30.93 for selling. At the CIB, the dollar rate recorded […]