Regulation, Risk & Compliance
Retail Banking
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Egypt's NBE denies cancelling 15% yield certificates
The National Bank of Egypt continues to offer the new 15% annual yield savings certificates, the lender’s vice chairman Yehia Aboul Fotouh told the Middle East News Agency on Wednesday. Launching new certificates with an annual yield of 14% doesn’t mean that the 15%-yield certificates would be cancelled, Aboul Fotouh…
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