Fatshimetrie takes you to discover the most attractive Certificates of Deposit offered by Egyptian banks in this year 2023. These financial tools offer very attractive monthly and annual returns, attracting many investors looking for profitable investments.
The National Bank of Egypt offers CDs over a period of three years, with a rate of return of 30% in the first year, 25% in the second year and 20% in the third year. These figures may vary depending on the method of payment of interest, but offer a minimum return of 1000 Egyptian pounds.
As for QNB AlAhli Bank, it offers Triple Floating CDs with a term of three years, offering an interest rate of 27.25%. Interest is paid monthly, with a minimum subscription amount of 1000 Egyptian pounds. An opportunity to seize for investors looking for stability and profitability.
For its part, Kuwait’s Al-Ahli Bank also offers three-year Triple Floating CDs, with an attractive interest rate of 27.05%. Interest is paid monthly, and the minimum subscription amount is 1,000 Egyptian pounds.
Qatar National Bank (QNB) offers three-year diversified CDs, with yields between 20% and 20.15%. These certificates are accessible from 1,000 Egyptian pounds, offering a diversified and profitable investment opportunity.
Commercial International Bank (CIB) offers a three-year savings certificate, with a yield rate of 22%, paid monthly and accessible from 1,000 Egyptian pounds. A safe and profitable option for those seeking financial stability.
Finally, Banque Misr offers certificates over a three-year period, with yields of 30% in the first year, 25% in the second year and 20% in the third year. The minimum subscription amount is 1000 Egyptian pounds, offering an opportunity for long-term financial growth.
In conclusion, Certificates of Deposit from Egyptian banks represent an attractive investment opportunity for savers looking to grow their capital. With attractive rates of return and a variety of payment options, these financial products are an ideal solution for those wishing to combine security and profitability in their investments.