National Bank of Egypt launches 25% annual yield saving certificates

The National Bank of Egypt (NBE), the country’s largest public lender, has issued a one-year savings certificate with a high interest rate of up to 25 percent starting from today, its statement announced on Wednesday.

The certificate has offered with a fixed annual return for a period of one year, with a return of 25 percent disbursed at the end of the period, as well as a certificate of 22.5 percent annually with a monthly return.