Bank Branches
ATMs
Affeliate Companies

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Exchange Rates
Currency Buy Price Sell Price
USD 17.84 17.94
GBP 23.5011 23.7972
KWD 56.1257 59.3597
SAR 4.6972 4.7907
2017 Budget
Interest Rates

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Master Card

Development Certificates

 

- The term of the certificate is 3 years and its currency is the Egyptian pound.

 

- Annual rate of return is calculated on the certificate at the rate of 16% that is disbursed monthly as of the date of purchase.

 

- Certificates are issued to natural persons only apart from juristic persons.

 

Certificate advantages :

 

1. Enjoying distinct and fixed periodic return.

2. The possibility of borrowing or issuing credit cards by its collateral within the rate of 90% of its value.

3. The return on the certificates is exempted from all taxes.

 

- In case of requesting redeeming the 3 Year Development Certificate prematurely after the lapse of 6 months as of the date of its issue, a guiding value for the certificate is determined (automatically calculated) pursuant to the structure of the rates of return on deposits declared for the same corresponding term minus 0.5%.

 

- The customer is free to disburse the return or credit it to his current account or any other saving account opened in his name with the bank (current or saving account) together with using the ATM Cards in collecting the return during all days of the week.

 

Same draft of deposit certificates.