CAIRO, March 3 (MENA) - Banque Misr has launched a three-year savings certificate; Youmaty, with a variable annual interest rate of 27%.

Paid daily, the rate is priced based on the corridor deposit rate minus 0.25%.

The certificate is available for purchase by both Egyptian and foreign individuals.

The bank announced that customers can secure a loan against the certificate, with a maximum borrowing limit of 90% of its nominal value. (MENA)

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