Arab Finance: Banque du Caire (BDC) (BQDC) has issued a one-year Gold Annual certificate of deposit (CDs) for a short period, with interest rates of 25% at maturity and 22.50% monthly, according to an emailed press release to Arab Finance on January 17^th.

The new CD enables its holder to get facilities by guaranteeing 90% of its value.

The minimum issuance value for purchasing the certificate is EGP 10,000 and its multiples.

This step comes in line with the bank’s commitment to meeting the requirements of all segments and encouraging deposit holders to maintain the purchase value of their savings.

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