Arab Finance: Ahli United Bank – Egypt announced the issuance of new three-year saving certificates, with an annual yield of 18%, according to an emailed press release to Arab Finance on January 16th.
The new certificates are offered with various interest payment options to meet the market demands.
The offering rates are applied at 17.25% for monthly payment, 17.50% for quarterly payment, 17.65% for semi-annual payment, and 18% is offered for annual payment.
The bank has set a minimum limit of EGP 5,000 for the purchase of the certificates.