High inflation. Why did the National Bank and Misr Bank offer a certificate with an interest rate of 27%?
Written by Manal Al-Masry: The National Bank and Misr Banks have offered a certificate with a fixed interest of up to 27% on the annual return, according to the expectations of banking experts, with the 25% certificate expiring starting from Friday. Despite the growing pressure from issuing high-yield certificates to citizens on bank profits, the … Read more