market-analysis

NBE, Banque Misr raise interest rates on savings certificates, launch new variable-yield products

By CityCalc Newsroom · Sat Jun 27 2026 · Source: Daily News Egypt

Mohamed El Etreby, Chief Executive Officer of the National Bank of Egypt (NBE), said that the bank’s Asset and Liability Committee (ALCO) had decided to increase the interest rate on its three-year Platinum Certificates to 17.75%, payable monthly, up from 17.25%, while introduci…

Mohamed El Etreby, Chief Executive Officer of the National Bank of Egypt (NBE), said that the bank’s Asset and Liability Committee (ALCO) had decided to increase the interest rate on its three-year Platinum Certificates to 17.75%, payable monthly, up from 17.25%, while introduci…

Curated by CityCalc from Daily News Egypt. Read the full article at the source.

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