Q: What is the CURRENT CD rate?
How safe is the money?
Reply•Carolyn Grimes from Homosassa, United States•
R: Hey I actually live in Egypt and just wanted to clear some stuff up:
1)CDs are now up to 20% not 10.5%
2) yes there are safe
3)There are three types of cds 3 years with a return of 16%, a year and a half with a return of 20% and a 5 year cd with a return of 20%
By the way signing up for a cd is really easy right now the bank with the highest interest rates is "Banque Misr"
here is the link if you want to check it out: http://banquemisr.com/