18% return savings certificates can be redeemed starting March 22

Banque Misr and the National Bank of Egypt (NBE)’s customers are waiting for the returns of the 18 percent return savings certificates, which is scheduled to start on March 22.

Banque Misr and the NBE resorted to offering the 18 percent return savings certificates in 2022 for several reasons: most importantly was the inflation crisis.

At that time, the rate was already at the highest rate on savings certificates in Egypt.