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The National Bank of Egypt, in cooperation with the banks participating in the issuance of the certificate "Aman Al Masrien" and Misr Life Insurance Company, made the first quarterly withdrawal of the Egyptian security certificate issued in last March under the auspices of Egyptian Central Bank Yahia Abul Fotouh, vice chairman of the board of directors, said the total number of laureates of the security certificate was 200 winners, of which 46 Ahli winners Bank and the rest of the winners distributed to the other banks participating in the issue. A security certificate is primarily intended for businesses Seasonal and temporary farmers and low-income people, which are issued to Egyptian individuals aged 18 to 59 years and in categories ranging from 500 to 2500 LE, in order protect them in the event of death, death or accident as a result of life insurance. The certificate generates a fixed return for the term of the certificate, calculated from the business day following the purchase, disbursed at the end of the certificate period after deducting premiums and allows the customer to choose payment for the certificate. compensation to the heirs in case of death in cash or monthly. For five or ten years, and certificates are entitled to participate in a quarterly draw of 200 awards, each of which is LE 10000 exempt from tax.
Hisham Okasha, Chairman of the Board, said that the Bank's participation in the issuance of Egyptians & # 39; What aims to develop the national economy and support the Egyptian citizen in the first place and support the most needy groups of citizens as well as the implementation of the policy of the Central Bank of Egypt in strengthening of the principle of financial inclusion.
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