The Management of Banque Misr opted for ceasing the
issuance of the annual Ibn Misr certificate – of 15% returns – for a period of
one year, Monday 21/9/2020, following the meeting convened by the Bank’s Assets
Management and Liabilities Committee.
Worth noting is that the proceeds of selling the Ibn Misr
certificate of 15% returns amounted to some EGP 103 billion. Also worth
pointing out is that customers who had recently purchased the said certificate
shall continue to enjoy the same rate of return until the date of maturity,
provided that the value of the certificate is deposited in customers’ accounts
upon expiration. Customers may visit the nearest branch or utilize the BM
Online banking service to save their funds, as per their needs, by selecting
from the Bank’s various saving channels.
Banque Misr consistently strives to fulfil the various
needs of customers by offering a multitude of banking products and services
that satisfy their requirements.