Mohamed El Etreby, Chief Executive Officer of the National Bank of Egypt (NBE), said that the bank’s Asset and Liability Committee (ALCO) had decided to increase the interest rate on its three-year Platinum Certificates to 17.75%, payable monthly, up from 17.25%, while introducing a new quarterly payment option with an annual return of 17.85%. El […] The post NBE, Banque Misr raise interest rates on savings certificates, launch new variable-yield products first appeared on Dailynewsegypt .