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Egyptian state banks collect over $10bn from high-yield savings product
Egypt’s two biggest state banks have collected 171 billion Egyptian pounds ($10.5 billion) from a new high-yield savings product they introduced in March, officials from the two banks were quoted as saying on Saturday. The one-year product, launched on March 22, carry a 15% yield. An official at the National…
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Click here to read the full story: Arab News