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Topic points (for quick navigation)
- Cairo Bank savings certificate
- Benefits of New Cairo Bank Certificate
- Response rates
- Calculate what the return on investment will be.
The Banque du Caire offers its customers with financial surpluses a select group of savings bonds that guarantee the highest returns. This package includes triple savings bonds with monthly returns.
Banque du Caire’s triple savings certificates offer returns of up to 18%, with a minimum spend starting at £10,000. The certificate runs for 3 years and is only available to private individuals.
Benefits of New Cairo Bank Certificate
The full details of the Banque du Caire Highest Yield Savings Certificate for 2024 are as follows:
Duration of the certificate: 3 years.
Currency: Egyptian pound.
Only available to individuals.
Minimum amount for issuing a certificate: 10,000 Egyptian pounds and multiples of 1,000 Egyptian pounds.
Periodicity of repayment: monthly.
Additional requirements:
There is no maximum version.
The possibility of full or partial repayment of the value of the certificate after 6 months from the date of issue in accordance with the early repayment schedule.
Possibility of borrowing against the guarantee of the certificate equal to 90% of its value.
Return rates:
Minimum purchase amount for certificates: 10,000 pounds: 15%.
Minimum purchase amount for certificates: 100,000 pounds: 16%.
Minimum purchase amount for certificates: 1,000,000 pounds: 17%.
Minimum purchase amount for certificates: 5,000,000 pounds: 18%.
Calculate what the return on investment will be.
By investing £500,000 in a Triple Monthly Return Savings Bond from Banque du Caire, the customer will receive a monthly return of £6,666.
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