As of next Sunday, Bank Egypt will stop issuing the annual certificate and reducing the return by 2% on savings certificates - the world today

During its last meeting, the Assets and Liabilities Committee of Bank Egypt decided to make some amendments to the savings certificates that are effective as of Sunday, April 27, 2025, in light of the Central Bank of Egypt's decision to reduce interest rates by 225 basis points in its meeting on 17 April 2025. It was decided to stop issuing the “Talat Harb” annual certificate with a return... Source