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NBE, Banque Misr new CDs attract EGP 471 bln in three weeks
The National Bank of Egypt and Banque Misr collected EGP 471 billion in proceeds through their high-yield certificates of deposit (CDs) within three weeks following issuance, the chairmen of the two banks said in press statements on Wednesday. NBE garnered EGP 305 billion from the sales of its 23.5-percent CDs,…
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Click here to read the full story: Ahram Online