SAIB Bank announced the issuance of an “Excellence” savings certificate in Egyptian pounds, for a period of 3 years, with an annual return of 20% paid monthly.
The bank indicated that the certificate is available to individual customers, with a minimum purchase of 100,000 pounds, in denominations of 1,000 pounds and multiples thereof.
The certificate can be purchased from any of the bank’s 43 branches, with the possibility of borrowing against the certificate, in accordance with the bank’s internal policy. The certificate can also be redeemed after 6 months from the date of issue, in accordance with the redemption rules and terms and conditions.
The launch of the “excellence” certificate comes within the framework of the bank’s keenness to provide innovative savings solutions that are in line with customers’ aspirations and meet their growing needs. The certificate targets existing customers, as well as attracting the largest number of new customers to strengthen the bank’s presence in the market by offering competitive returns.
The bank has affirmed its commitment to providing a variety of savings instruments with competitive returns as an investment vehicle that meets customers’ aspirations for a stable source of income, reflecting the bank’s commitment to offering flexible and distinctive financial products within its comprehensive banking services system.
