[ad_1]
Alaa Farouk, general manager of retail banking and branches of the National Bank of Egypt, said that the National Bank of Egypt continued to offer its customers the savings account. future (financial inclusion account) in line with its strategy of applying the concept of financial inclusion and attracting new customer segments to deal with the banking sector and raising public awareness of the issue of financial inclusion. 39; savings. By giving various benefits to savings accounts.
Alaa Farouk confirmed that the National Bank of Egypt had launched a term savings account opening up to 500 pounds without annual fees and enjoying free life insurance from 16 years old to 50 years old, with a minimum insurance policy of 5,000 pounds and a maximum of 100,000 pounds, depending on the balance. Account so that, in case of death (God forbid us), explaining that the customer receives compensation equivalent to the balance of the account for the month preceding the death.
In a statement to Akhbar Al-Youm, NBE's retail bank and branch manager explained that the account is generating increased returns based on the account balance, as the rate of return increases with the increase in the balance. and the customer can choose the periodicity (monthly – quarterly – half-yearly). The yield is calculated from the balance of 3,000 EGP. In addition, this account is exempt from account opening fees, account statements and debit card fees.
Alaa Farouk pointed out that the conditions of eligibility of the future client of the savings account have been modified so as to bring the duration of the insurance coverage to 60 years instead of 46 years. This amendment is effective as of October 2018 for all existing and new customers, adding that the benefits of the savings account In the future, the customer will be able to subscribe free money, where many services include paying bills, reloading mobile phones, sending money to other portfolios, receiving remittances, withdrawing money, booking a flight, shopping online and the free enjoyment of Ahli Net services. Check availability All transactions and transfers between accounts inside and outside our bank.
The general manager of the retail bank and branches of the National Bank of Egypt said that this account was intended to attract a new segment of individuals who did not deal with the banking system and that small investors were applying the principle of financial inclusion and strive to provide a safe savings product to suit the needs of this category, in order to help them manage their money and their savings effectively. Category on savings and development of their financial and targeted transactions
Develop the national economy and achieve financial stability through the high standard of living resulting from the documentation of the culture of saving among non-banking groups.
Source link
