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Details of the 40.5 percent high yield CDs from Emirates NBD – Egypt bank

The bank also announced the offering of an eight-year certificate with a variable return of 21 percent annually.
28.02.24 | Source: Egypt Independent

The Emirates NBD – Egypt bank announced the launch of three new certificates of deposits (CDs) with competitive returns exceeding 40.5 percent, as part of the bank’s desire to provide a wide and diverse package of CDs that suit its various customers.

Savings certificates from Emirates NBD – Egypt

Emirates NBD – Egypt explained that the new set of savings certificates consists of a prepaid savings certificate with a return of 40.5 percent for a period of three years, with a cumulative return rate of 18.89 percent annually.

The minimum amount for issuing this certificate starts at LE100,000 and in multiples of LE10,000, while customers can obtain a loan of up to 30 percent of the value of the certificate.