15%-yield saving certificates posted gains of EGP 43.4 bln since March 22: NBE, Banque Misr

CAIRO - 1 CAIRO 2020: The National Bank of Egypt (NBE) and Banque Misr announced that the 15 percent-yield saving certificates posted proceeds of over LE 43.4 billion since offering them earlier last week.

In a press release on Wednesday, NBE Chairman Hisham Okasha said that the bank issued 15 percent-yield saving certificates that are worth over LE 30 billion to 160,000 customers.

Meanwhile, Vice Chairman of Banque Misr Akef El Maghraby said that the proceeds of the bank's 15 percent-yield saving certificates, sold to about 50,000 customers, are estimated at LE 13.4 billion in total.