{"id":590771,"date":"2023-07-25T00:00:00","date_gmt":"2023-07-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/"},"modified":"2023-07-25T00:00:00","modified_gmt":"2023-07-25T00:00:00","slug":"this-evening-banque-misr-nbe-launch-new-usd-certificates","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/","title":{"rendered":"THIS EVENING: Banque Misr + NBE launch new USD certificates"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends. <\/strong> We hope that you\u2019re surviving the heat on this blackout-filled afternoon and have managed to ease back into the grind as we bring this hot hump day to a close. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY TODAY<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>State-owned Banque Misr and the National Bank of Egypt have launched<\/strong> <strong> new high-yield USD certificates of deposit<\/strong>, according to statements (pdfs \u2014 <a href=\"https:\/\/ent.news\/2023\/7\/965.pdf\" style=\"\">here<\/a> and <a href=\"https:\/\/ent.news\/2023\/7\/966.pdf\" style=\"\">here<\/a>). Each bank is offering two three-year certificates \u2014 one with a 27% total return with an upfront payout of the three years of interest in EGP equivalent, and another with a 7% annual interest rate, with interest paid out in USD on a quarterly basis. The minimum buy-in for each certificate is USD 1k, with the certificates available as of tomorrow. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CORRECTION- <\/strong> In this morning\u2019s edition of EnterpriseAM, we had an incorrect figure for Beltone's recent capital increase of EGP 10 bn, the largest such transaction of its kind in Egypt as of the date of publication. The story has been amended on our web edition. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORY ABROAD<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The role of manmade climate change in the ongoing global heat waves is dominating the international business press this afternoon<\/strong>, as the mercury continues to rise to record-breaking readings in conventionally mild-temperature countries in Europe. The sky-rocketing temperatures are going to occur between five to ten years, but with the 2 \u00b0C annual increase the sweltering heat can occur more often. <a href=\"https:\/\/www.reuters.com\/world\/climate-change-role-july-heatwaves-overwhelming-scientists-say-2023-07-25\/\" style=\"\">Reuters<\/a> | <a href=\"https:\/\/www.bbc.com\/news\/science-environment-66289489\" style=\"\">BBC<\/a> | <a href=\"https:\/\/apnews.com\/article\/heat-wave-deadly-climate-change-europe-america-4c361736afa70766049acdb189ccfd64\" style=\"\">Associated Press<\/a> | <a href=\"https:\/\/www.ft.com\/content\/6d8e01c7-2705-498c-86f4-520badb23b6e\" style=\"\">Financial Times<\/a>  <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>HAPPENING NOW-<\/strong> The US Federal Reserve\u2019s Open Market Committee meeting kicked off today. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>: <\/p>\n<ul>\n<li><strong>Centamin + Barrick Gold just agreed terms with the Oil Ministry: <\/strong> The Oil Ministry <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4c561960-2f7a-4568-a4c9-11f0b54dc116\" style=\"\">has reached an agreement with the LSE-listed gold miner Centamin and Canada\u2019s Barrick Gold<\/a> on the terms for several exploration concessions awarded in 2021. <\/li>\n<li><strong>Japanese manufacturer Yazaki <\/strong> <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9c560360-0ef6-4db8-8844-ac78e2958f68\" style=\"\">will begin construction of its EUR 30 mn factory<\/a><\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9c560360-0ef6-4db8-8844-ac78e2958f68\" style=\"\"><\/a> in Fayoum\u2019s first freezone after signing land contracts with local authorities. <\/li>\n<li><strong>Beltone to purchase Eastown office building for EGP 1.1 bn: <\/strong> SODIC shareholders have <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a46b8a4-6a75-493a-b837-f9a07b9cafad\" style=\"\">approved the sale of a 6.9k square-meter office building in the developer\u2019s Eastown project to Beltone Financial for EGP 1.1 bn<\/a>. <\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/7\/44.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MARK YOUR CALENDARS- The Enterprise Finance Forum is taking place on 18-19 <\/strong> <strong>September at the St. Regis Hotel in Cairo. <\/strong> This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a href=\"https:\/\/finance.enterprise.news\/\" style=\"\">TAP OR CLICK HERE<\/a><\/strong> <strong> if you want to express interest in attending. <\/strong> We\u2019ll be sending out the first batch of invitations soon. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Do you want to become a commercial partner?<\/strong> Ping a note to <a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa Taalab, our head of commercial<\/a>, or fill out <a href=\"https:\/\/finance.enterprise.news\/sponsor.html\" style=\"\">this form<\/a> and we\u2019ll be in touch. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>STAY TUNED for more detail <\/strong> about our agenda. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>DID YOU MISS THE ENTERPRISE EXPORTS AND FDI FORUM? <\/strong> <strong><a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/the-enterprise-podcast\/id1617987136\" style=\"\">Tune in to the Enterprise Podcast and listen for yourself<\/a><\/strong> <strong>:<\/strong> The Enterprise Podcast is back with another installment of our forum series, where we bring you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum, which took place in May. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WANT TO LISTEN? Head to: <\/strong> <a href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/how-to-become-part-of-a-multinationals-supply-chain\/id1617987136?i=1000622000939\" style=\"\">Apple Podcast<\/a> | <a href=\"https:\/\/open.spotify.com\/episode\/57zbwQADGdOo5cMf37jSzM\" style=\"\">Spotify<\/a> | <a href=\"https:\/\/podcasts.google.com\/feed\/aHR0cHM6Ly93d3cub21ueWNvbnRlbnQuY29tL2QvcGxheWxpc3QvNWE1NmQ3YzMtZjI4MS00NTU3LThlMzEtYWFjODAxN2NjZjA2LzY4NmNmYTU5LTAwOTMtNDEyMS1hMTRjLWFlNmYwMDk3ZjEyMi81NDI0MGE5Ni04YWY5LTRkZGQtODExNi1hZTZmMDA5OTgxMzYvcG9kY2FzdC5yc3M\/episode\/MDUwOTc0ZGUtZGViOS00Zjc4LTliZGQtYjA0NzAxMGExMTUw?sa=X&ved=0CAUQkfYCahcKEwjA4YO_qKWAAxUAAAAAHQAAAAAQAQ\" style=\"\">Google Podcast<\/a> | <a href=\"https:\/\/play.anghami.com\/episode\/1118757834\" style=\"\">Anghami<\/a>. <strong>We\u2019re releasing a new episode every Sunday morning.<\/strong> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN THIS WEEK\u2019S EPISODE- <\/strong> We ask some of the biggest multinationals and suppliers operating here \u2014 namely, in logistics, e-commerce, and FMCG \u2014 what it is they\u2019re looking for in a local partner, product or service and what are some of the pain points they\u2019ve had to cope with. We were joined on that panel by <strong>Khaled Morsy<\/strong>, CEO of DB Schenker Egypt, <strong> Omar Elsahy<\/strong>, General Manager at Amazon Egypt, <strong>Tarek Kame<\/strong> l, Chairman and CEO of Nestl\u00e9 Egypt and Sudan. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n     Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n    <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>   <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n  <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f <\/strong> <strong>TOMORROW\u2019S WEATHER- <\/strong> The heat will persist at 40\u00b0C during the AM and drop to a milder 28\u00b0C at night, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends. We hope that you\u2019re surviving the heat on this blackout-filled afternoon and have managed to ease back into the grind as we bring this hot hump day to a close. THE BIG STORY TODAY State-owned Banque Misr and the National Bank of Egypt have launched new high-yield USD certificates of deposit, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":590772,"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":[7213],"tags":[576,633,248,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-banque-misr","tag-enterprisepm","tag-national-bank-of-egypt","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"de0f2efa-03b7-4d13-9760-7ec79491c8ed","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2022\/2\/263.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[590769],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.1611148a-2639-4c6c-891f-50e2d94ba25d.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: Banque Misr + NBE launch new USD 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\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: Banque Misr + NBE launch new USD certificates\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends. We hope that you\u2019re surviving the heat on this blackout-filled afternoon and have managed to ease back into the grind as we bring this hot hump day to a close. THE BIG STORY TODAY State-owned Banque Misr and the National Bank of Egypt have launched new high-yield USD certificates of deposit, according [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-25T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/263.jpg?fit=%2C&ssl=1\" \/>\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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS EVENING: Banque Misr + NBE launch new USD certificates\",\"datePublished\":\"2023-07-25T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/\"},\"wordCount\":684,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/2\/263.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Banque Misr\",\"EnterprisePM\",\"National Bank of Egypt\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/\",\"name\":\"THIS EVENING: Banque Misr + NBE launch new USD certificates - 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We hope that you\u2019re surviving the heat on this blackout-filled afternoon and have managed to ease back into the grind as we bring this hot hump day to a close. THE BIG STORY TODAY State-owned Banque Misr and the National Bank of Egypt have launched new high-yield USD certificates of deposit, according [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-07-25T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/263.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS EVENING: Banque Misr + NBE launch new USD certificates","datePublished":"2023-07-25T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/"},"wordCount":684,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/263.jpg?fit=%2C&ssl=1","keywords":["Banque Misr","EnterprisePM","National Bank of Egypt","WHAT WE\u2019RE TRACKING TONIGHT"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/this-evening-banque-misr-nbe-launch-new-usd-certificates\/","name":"THIS EVENING: Banque Misr + NBE launch new USD certificates - 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NBE has sold EGP 47\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":570317,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/26\/nbe-banque-misr-sell-egp-21-bn-in-new-fixed-rate-savings-certificates-in-first-three-days\/","url_meta":{"origin":590771,"position":1},"title":"NBE, Banque Misr sell EGP 21 bn in new fixed-rate savings certificates in first three days","author":"enterpriseam admin","date":"26 March 2020","format":false,"excerpt":"New bank certificates prove popular: The National Bank of Egypt and Banque Misr have sold EGP 20.9 bn of their new 15% fixed-rate certificates in the first three days, Hapi Journal reports. The banking sector has acted in concert with the Central Bank of Egypt to deter savers from piling\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":662584,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/19\/banque-misr-nbe-slash-rates-on-three-year-usd-cds\/","url_meta":{"origin":590771,"position":2},"title":"Banque Misr, NBE slash rates on three-year USD CDs","author":"enterpriseam admin","date":"19 March 2025","format":false,"excerpt":"The reduction is not expected to affect the attractiveness of these certificates, a banking expert told us","rel":"","context":"In &quot;Banking&quot;","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/11\/2173.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570352,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/egyptians-pour-egp-30-bn-into-new-high-interest-savings-certificates\/","url_meta":{"origin":590771,"position":3},"title":"Egyptians pour EGP 30 bn into new high-interest savings certificates","author":"enterpriseam admin","date":"29 March 2020","format":false,"excerpt":"EGP 30 bn pours into new high-interest savings certificates: Egyptians invested EGP 30 bn into the new 15% fixed rate savings certificates launched by Banque Misr and the National Bank of Egypt last Sunday, Al Masry Al Youm reports. NBE reported that the new savings product had attracted EGP 20\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":590771,"position":4},"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 &quot;Speed Round&quot;","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":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":590771,"position":5},"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 &quot;Speed Round&quot;","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\/590771","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=590771"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590771\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/590769"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/590772"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=590771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=590771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=590771"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=590771"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=590771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}