Announce National Bank of Egypt Platinum certificates will continue for one year with an annual return of 27%, which will be paid at the end of the period, and 23.5% of the return will be paid monthly, and a new payment periodicity will be introduced at an annual return rate of 23%, with a daily return period.
The National Bank of Egypt decided, through the Alco Committee, to amend the return rate on the 3-year platinum certificate with a fixed return to 21.5% annually for new issues from today, March 6, 204, instead of 19% with the monthly return disbursement period.
The National Bank of Egypt decided to offer a new certificate for 3 decreasing years at an annual price of 30% for the first year, 25% for the second year, and 20% for the third year, with the return paid on an annual basis.
The rate of return on the three-year decreasing platinum rate was also adjusted with the monthly return disbursement period to become an annual rate of 26% for the first year, 22% for the second year, and 18% for the third year for new issues from today, March 6, 2024.