Community Dose

NATIONAL BANK OF EGYPT ANNOUNCES A NEW SAVING CERTIFICATE IN US DOLLARS

Written by The Dose Team

The National Bank of Egypt presents new saving certificates called “Nile Certificates” in dollars. You can now benefit greatly from the deposits that you make in foreign currencies.

You can benefit from the “Nile Certificates” interest rate of 9.85% for the first year and 10% for the second and third years. The certificate has a term of three years beginning on the next business day after the date of purchase and a minimum of $1,000. The monthly or quarterly interest payments are made in US dollars and cannot be redeemed before six months have passed after the next business day following the date of purchase.

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The Dose Team