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Banque Misr to issue dollar-dominated certificates for Egyptian expats
Amwal Al Ghad Published in Amwal Al Ghad on 29 - 02 - 2016

Egypt's second biggest state-owned bank, Banque Misr is to issue dollar-denominated certificates for Egyptians living abroad with maturities of one, three and five years, its chairman told Reuters Monday.
The one-year certificate will have an interest rate of 3.5 percent, the three-year will have an interest rate of 4.5 percent, while the five-year will have an interest rate of 5.5 percent, Mohamed al-Etriby said.
The minimum value for the certificates will be $100.

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