CAIRO, June 6 (MENA) – The brand new saving certificates issued by the Nationwide Bank of Egypt (NBE) and Banque Misr (BM) of 15-percent month-to-month return garnered greater than 170 billion kilos since issuance two months in the past, the 2 banks stated on Saturday.
Mohamed el Atrebi, the Board Chairman of Banque Misr, informed MENA that the bank offered certificates worth 49 billion kilos by the top of the earlier week.
In the meantime, a well-place supply with the NBE, stated the bank offered 122-billion-pound worth of certificates.
The certificates had been offered on-line or by means of the cell banking utility.
The 2 banks issued these certificates as a part of measures to ease the financial repercussions of coronavirus outbreak.
