#Latest news with #savingscertificatesZawya27-05-2025BusinessZawyaEgypt: Banque Misr suspends USD-denominated Al-Qema CDs, cuts return on EGP certificatesArab Finance: The Assets and Liabilities Committee (ALCO) at Banque Misr has decided to suspend the issuance of dollar-denominated Al-Qema savings certificates (CDs) with prepaid interest in Egyptian pounds. The committee also decided to reduce the return on EGP saving certificates by 1%. these decisions are effective as of Tuesday, May 27th, 2025. This move follows the Central Bank of Egypt's (CBE) decision to cut key interest rates by 100 basis points (bp). © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya27-05-2025BusinessZawyaEgypt: Banque Misr suspends USD-denominated Al-Qema CDs, cuts return on EGP certificatesArab Finance: The Assets and Liabilities Committee (ALCO) at Banque Misr has decided to suspend the issuance of dollar-denominated Al-Qema savings certificates (CDs) with prepaid interest in Egyptian pounds. The committee also decided to reduce the return on EGP saving certificates by 1%. these decisions are effective as of Tuesday, May 27th, 2025. This move follows the Central Bank of Egypt's (CBE) decision to cut key interest rates by 100 basis points (bp). © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
27-05-2025
