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Cairo – Ahli United Bank – Egypt (AUB Egypt) announced a new three-year savings certificate with an annual interest rate of up to 18%.
The bank provided a variety of returns to meet the clients’ different needs, according to a statement.
Besides the annual return, the lender offered a 17.25% monthly rate of return, in addition to options for quarterly and semi-annually with a return of 17.50% and 17.65%, respectively.
Furthermore, clients of AUB Egypt can obtain a loan with a lending rate of up to 95% of the nominal value of the certificate as a guarantee.
Meanwhile, the Cairo-based lender settled the minimum purchase price for the certificate at EGP 5,000.
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