Egypt sees a return of the 18% interest rates on long term Bank deposits

Many curious citizens have wondered about banks and the services they provide to customers: most importantly is the deposit savings certificates.

Especially as it is a safe option for investing after the price hikes.

The United Bank updated its services for customers, as it returned the 18% certificates of deposit (CDs).

Since the announcement of the return of the certificates was announced, inquiries increased by citizens to find out updates.

The United Bank offers 18% CDs, as the best certificate in Egypt to attract more customers towards its services.

The certificate is available for a period of 3 years for a fixed return, with an interest rate of up to 18%.

Ashraf al-Kady, Chairman of the Board of Directors of The United Bank, said that the bank has already offered the 18% certificates from last month.

Pointing out that the certificate is available for a period of 3 years for a fixed return with an interest of up to 18%.

The 18% certificates from The United Bank are characterized by the fact that they allow multiple return exchange cycles: