SCZONE, Tokyo Metropolitan Government sign MoU on green hydrogen cooperation    Egypt's PM meets Tokyo governor, witnesses signing of education agreements    Egypt's Sisi, France's Macron discuss Gaza ceasefire efforts in phone call    Egypt welcomes international efforts for peace in Ukraine    Al-Sisi, Macron reaffirm strategic partnership, coordinate on Gaza crisis    Contact Reports Strong 1H-2025 on Financing, Insurance Gains    Egypt expresses 'deep dissatisfaction' to Netherlands over embassy attack    Egypt, India's BDR Group in talks to establish biologics, cancer drug facility    AUC graduates first cohort of film industry business certificate    At TICAD, Egypt's education minister signs pacts with Casio, SAPIX    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Indian tourist arrivals to Egypt jump 18.8% in H1-2025: ministry data    Egyptian pound down vs. US dollar at Monday's close – CBE    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egypt, Namibia explore closer pharmaceutical cooperation    Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end    Renowned Egyptian novelist Sonallah Ibrahim dies at 88    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi warns against unilateral Nile measures, reaffirms Egypt's water security stance    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt to inaugurate Grand Egyptian Museum on 1 November    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Banque Misr, NBE to offer electronically saving certificates with 15% yield
To ensure safety of customers, employees, new certificates to be available only via mobile, internet banking, call centres, email: Banque Misr chairperson
Hossam Mounir Published in Daily News Egypt on 22 - 03 - 2020

Banque Misr and the National Bank of Egypt (NBE) will offer on Sunday new saving certificates with 15% annual yield.
The two banks limited the certificate purchase to electronic channels to ensure the safety of customers and employees amid the spread of the Coronavirus.
“In order to preserve the safety of our citizens and employees, certificates will be available only through the bank's electronic channels, which include mobile and internet banking, call centre, and e-mail,” said Mohamed El-Etreby, chairperson of Banque Misr.
Banque Misr added in a statement that the bank's current customers wishing to purchase the new certificate can pay for it from their accounts.
The bank's hotline is 19888 and e-mail address is [email protected] Clients would receive an SMS to confirm the purchase.
Banque Misr said that for new customers, transfers can be made from any bank the client deals with through providing the bank account number. Baqnue Misr added that the aim of transfers is purchasing the “Ibn Masr” certificates and attaching the national ID and mobile number, as no transfers will be accepted without the required data. The client will then be sent a message the next day to confirm the purchase.
Banque Misr stressed that it will not accept any cash deposits to purchase these certificates, therefore, there is no need for customers to go to the branches.
As for NBE, it explained that in the case of clients going to branches to buy a new certificate, the percentage of clients allowed to be present at a branch will not exceed 50% of the seat capacity.
The NBE also confirmed the availability of purchasing the certificates through internet banking, mobile banking, and call centre 19623. Clients can also give their instructions via the phone to the branch account manager to purchase certificates while at home.
According to a statement by the bank, these preventive measures taken by the bank aim to ensure the safety of both the clients and employees, in line with the state's trend to reduce crowding in various places to prevent spread of viruses.
Both NBE and Banque Misr stressed that these certificates will be available for long periods.

Clic here to read the story from its source.