The losers and winners of the 25% certificate... What is the fate of gold and real estate?
6:19pm Friday 06 January 2023 I wrote – Manal Al-Masry: Al-Ahly Bank and Egypt have started selling a one-year savings certificate with an annual yield of 22.5%, which is spent monthly, and 25%…

6:19pm
Friday 06 January 2023
I wrote - Manal Al-Masry: The presence of a high yield certificate in Al-Ahly Bank and Egypt creates pressure on the ability to keep customers' savings in favor of the 25% certificate in light of the inability of any of the banks to offer this yield to their customers due to the difficulty of employing it and its negative impact on their bottom line due to its high cost.