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Banque Misr has launched Savings Certificate of Excellence with fixed return of 11.5% to be calculated from the date of the purchase of the certificate.
The certificate is issued in denominations of EGP 1000 and its multiplies to cater the needs of all its customers and diversify the local-currency savings pools.
The revenues of the certificates are paid every three months starting from the buying date. Customers can disburse the revenues free-of-charge payment cards. The holders of certificates can receive soft loans guaranteed by the certificates.
The certificate is available at Banque Misr’s 470 branches spread across all governorates in Egypt. The total value of the certificate can be recovered six months after purchasing date.