Reduction of interest rates in 3 government banks. Know the new value



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It reduced 3 government banks, “Egypt, Al-Ahly,
Cairo “, the interest rate of savings accounts at 2%, after the decision of the Central Bank
Al-Masry last March cut interest rates by an average of 3% on bank transactions.

“Country Friend” publishes interest rates
Those banks, according to the layers of savings.

Banque Misr:

Banque Misr has established 5 segments for the savings account, the first of which
£ 1,500 for £ 5,000, where interest yield reaches 3.25% as monthly yield and 3.5%
For quarterly performance, 3.65% for semi-annual performance and 3.75% for annual performance.

The second tranche of the 5,000 account
Pounds and does not exceed 50 thousand, so your interest reaches 3.75% for the monthly yield and 4% for the quarter
4.125% for the semester and 4.75% for the annual period.

The third tranche for those whose account size is greater than
£ 50,000 and does not exceed a quarter of a million pounds, so your interest is 4.25% for monthly interest
4.5% for quarterly performance, 4,625% for semi-annual performance and 4.75% for annual performance.

Fourth tranche for those whose account size exceeds a quarter
Millions and does not exceed half a million pounds, where its monthly yield is 4.75% and the yield for the quarter
Annual at 5%, semi-annually at 5,125% and annual at 5.25%.

Regarding the fifth and last level, whoever exceeds their account
More than half a million pounds, where monthly performance is calculated at 5.25% and quarterly
At 5.5% and half-yearly at 5,625%, and annually at 5.75%.

At the National Bank:

Ahli Bank has established 4 segments for the savings account,
Account opening begins without a thousand pound return.

The yield is calculated in the first section.
For an account that is about 3001 pounds to 5,000 pounds in size, so the monthly return
3.55%, quarterly, 3.6%, semi-annually, 3.65%, and annualized, 3.75%.

Looking at the second slide Starts for those whose account size exceeds more From 5001 pounds to 100 thousand pounds, where it reaches
The monthly return is 4.3%, the quarterly rate is 4.35%, the semi-annual rate is 4.4% and the annual rate
At 4.5%.

And slide
The third is over £ 100,000 to £ 500,000, where the monthly return is approximately 5% and
Quarterly at 5.1%, semi-annually at 5.15% and annual at 5.25%.

Looking at the slide
The fourth and final for those whose account size exceeds half a million pounds or more, so performance will achieve
Monthly it has 5.7%, quarterly with 5.75%, half year with 5.85% and annual with 6%.

At Banque du Caire, the bank has established 4 segments for an account
Savings such that the minimum amount is reached to open the account without the return of a thousand pounds.

The first tranche of those whose account reaches 5,000 pounds
It does not exceed £ 100, as the monthly interest rate reaches 3.25%. The quarter is 3.4% and the semester is b
3.5% and the annual rate is 3.6%.

Regarding the second section, those that did not exceed 100
One thousand pounds and not exceeding one million pounds, since the monthly interest rate reaches approximately 3.4% and a quarter
Annual at 3.5%, semi-annually at 3.6% and annual at 3.75%.

And the third slide
For those whose account size reaches £ 1m to £ 2m, where performance is
Monthly it is approximately 4.5%, quarterly at 4.75%, and semi-annually at 5%
And the annual rate of 5.25%.

And finally the fourth tranche of those who exceed their account size
£ 2m where the monthly rate is approximately 7%, the quarter is 7.25% and the semester is 7.5%
The annual rate is 7.75%.



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