{"id":571002,"date":"2020-04-26T04:01:15","date_gmt":"2020-04-26T04:01:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/"},"modified":"2020-04-26T04:01:15","modified_gmt":"2020-04-26T04:01:15","slug":"egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/","title":{"rendered":"Egypt\u2019s state banks sell EGP 92 bn of high-yield certificates"},"content":{"rendered":"

The National Bank of Egypt has sold EGP 62 bn of its 15% fixed-rate certificates to some 340k customers, Chairman Hisham Okasha told Youm7<\/a>. Banque Misr, meanwhile, sold EGP 30 bn-worth of the certificates thus far, Chairman Mohamed El Etreby told Hapi Journal<\/a>. The state-owned banks began offering the certificates on 22 March to maintain cash liquidity in EGP.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Egypt has sold EGP 62 bn of its 15% fixed-rate certificates to some 340k customers, Chairman Hisham Okasha told Youm7. Banque Misr, meanwhile, sold EGP 30 bn-worth of the certificates thus far, Chairman Mohamed El Etreby told Hapi Journal. The state-owned banks began offering the certificates on 22 March to maintain […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9298],"tags":[204,2372,576,72,248],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-571002","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking","tag-banking-finance","tag-banque-misr","tag-enterpriseam","tag-national-bank-of-egypt","wpautop","entry"],"acf":{"mongo_id":"3e089f34-864b-485b-8d72-928414616e82","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[570976],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s state banks sell EGP 92 bn of high-yield certificates - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s state banks sell EGP 92 bn of high-yield certificates\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt has sold EGP 62 bn of its 15% fixed-rate certificates to some 340k customers, Chairman Hisham Okasha told Youm7. Banque Misr, meanwhile, sold EGP 30 bn-worth of the certificates thus far, Chairman Mohamed El Etreby told Hapi Journal. The state-owned banks began offering the certificates on 22 March to maintain […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-26T04:01:15+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s state banks sell EGP 92 bn of high-yield certificates\",\"datePublished\":\"2020-04-26T04:01:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/\"},\"wordCount\":65,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"banking\",\"BANKING + FINANCE\",\"Banque Misr\",\"EnterpriseAM\",\"National Bank of Egypt\"],\"articleSection\":[\"Banking + Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/04\/26\/egypts-state-banks-sell-egp-92-bn-of-high-yield-certificates\/\",\"name\":\"Egypt\u2019s state banks sell EGP 92 bn of high-yield certificates - 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Banque Misr has also sold EGP 26 bn of the certificates, Deputy\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571448,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/12\/national-bank-of-egypt-banque-misr-sell-egp-121-bn-of-high-yield-certificates\/","url_meta":{"origin":571002,"position":1},"title":"National Bank of Egypt, Banque Misr sell EGP 121 bn of high-yield certificates","author":"enterpriseam admin","date":"12 May 2020","format":false,"excerpt":"State banks sell EGP 121 bn of high-interest saving certificates: National Bank of Egypt (NBE) has sold EGP 82 bn of its 15% fixed-rate certificates, while Banque Misr (BM) sold EGP 39 bn-worth of the same product, BM Chairman Mohamed El Etreby and NBE Deputy Chairman Yehia Aboul Fotouh were\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571958,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/07\/national-bank-of-egypt-and-banque-misr-sell-egp-170-bn-of-high-yield-savings-certificates\/","url_meta":{"origin":571002,"position":2},"title":"National Bank of Egypt and Banque Misr sell EGP 170 bn of high-yield savings certificates","author":"enterpriseam admin","date":"7 June 2020","format":false,"excerpt":"State banks sell EGP 170 bn of 15% savings certificates in just over two months: Banque Misr has so far sold EGP 49 bn-worth of its high-interest savings certificates as of the end of last week, Chairman Mohamed El Etreby tells Akhbar El Youm. The National Bank of Egypt (NBE)\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574784,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/22\/nbe-banque-misr-scrap-high-interest-savings-certificates\/","url_meta":{"origin":571002,"position":3},"title":"NBE, Banque Misr scrap high-interest savings certificates","author":"enterpriseam admin","date":"22 September 2020","format":false,"excerpt":"NBE, Banque Misr scrap high-interest CDs: State-owned National Bank of Egypt (NBE) and Banque Misr have stopped offering 15% fixed-rate savings certificates launched in mid-March, the institutions told the local press (here and here). The banks started selling the high-interest certificates in March to protect savers and ease pressure on\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/234.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570703,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/12\/national-bank-of-egypt-banque-misr-sell-egp-70-bn-of-high-interest-cds\/","url_meta":{"origin":571002,"position":4},"title":"National Bank of Egypt, Banque Misr sell EGP 70 bn of high-interest CDs","author":"enterpriseam admin","date":"12 April 2020","format":false,"excerpt":"State banks sell EGP 70 bn of high-interest savings certificates in three weeks: Around EGP 70 bn has been invested in the National Bank of Egypt (NBE) and Banque Misr\u2019s new high-interest savings certificates since they were made available three weeks ago, Al Mal reports. NBE has sold EGP 47\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572502,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/28\/national-bank-of-egypt-banque-misr-sell-egp-203-bn-of-high-yield-certificates\/","url_meta":{"origin":571002,"position":5},"title":"National Bank of Egypt, Banque Misr sell EGP 203 bn of high-yield certificates","author":"enterpriseam admin","date":"28 June 2020","format":false,"excerpt":"State-owned banks sell EGP 203 bn of 15% savings certificates: The National Bank of Egypt (NBE) has sold EGP 147 bn-worth of its high-interest savings certificates as of the end of last week, NBE Vice President Yehia Aboul Fotouh said, according to the local press. Meanwhile, Banque Misr has sold\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571002","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=571002"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/571002\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/570976"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=571002"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=571002"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=571002"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=571002"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=571002"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}