Banque Misr has recently issued "Thabat Dollar Certificate…the fruitful Return", a nominal certificate with fixed return rates, regardless to prices fluctuation. Thabat Dollar Certificate issued in denominations of US$ 100 and its multiples for individuals and companies. The certificate features the highest competitive returns throughout the certificate's tenor ranging from 4.25% on three-year certificate to 5.25% on five-year certificate. The certificates are renewable and returns are distributed every 3 months at the same currency. The certificate value is wholly or partially refundable in denominations of US$ 100 and its multiples, and according to refund policy. The holder is eligible to receive a dollar loan equivalent to 90% of the certificate's value.
The certificate is available for Egyptians Banque Misr branches across Egypt.
Thabat Dollar Certificate is expected to achieve high purchases from Egyptians to support the national economy, while receiving outstanding return on their dollar savings in their homeland.