Retail Banking
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Egypt’s CIB introduces new 3-year certificates with up to 22% yield
To acquire these new premium CDs, individuals can invest a minimum value of EGP 5 million, with increments of EGP 1,000. Additionally, CIB also released three-year plus certificates, which provide a fixed monthly interest rate of 21 percent and require a minimum purchase value of EGP one million. Furthermore, the…
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Click here to read the full story: Ahram Online