Arab Finance: Banque du Caire (BDC) has issued the three-year Primo Gold certificate of deposit (CDs), with a monthly interest payout, according to an emailed press release on April 6th.

The Primo Gold CDs are offered with interest rates of 22% for the first year, 18% for the second year, and 16% for the third year.

Moreover, the bank has amended the annual interest rate of the Primo Gold CDs with monthly fixed returns to 19%.

Both CDs enable their holder of granting facilities by guaranteeing 90% of their value.

The minimum issuance value for purchasing the certificates is EGP 10,000 and multiples of EGP 1,000.

This step aligns with the bank’s commitment to meeting the requirements of all segments and encouraging deposit holders to maintain the purchase value of their savings.

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