National Bank of Egypt reduces number of dollar-denominated certificates of deposit
The National Bank of Egypt (NBE) announced the suspension of some certificates of deposit in various foreign currencies (dollars, euros, and pound sterling), including the “Belady”, “Ahl Masr”, and “Al Ahly Plus” certificates, effective September 1. The bank explained that the new Gold certificate will be the primary alternative, after it has moved to cancel …
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Egypt Independent
September 4, 2025
