New clients who join the campaign will get an immediate cash-back up to EGP 50,000
Emirates NBD Egypt just announced launching a new campaign for immediate cash-back up to EGP 50K, earned when applying for a certificate of deposit with minimum amount of EGP 1 million. And that is according to the amounts specified as follows:
- From EGP 1 million up to 3 million, the client will get EGP 10K as an instant cash-back.
- From EGP 3 million up to 5 million, the client will get EGP 25K as an instant cash-back.
- From EGP 5 million and above, the client will get EGP 50K as an instant cash-back.
The campaign also offers that clients would get an immediate cash-back with the amount of EGP 10Kwhen depositing EGP 1 million as a minimum balance required, provided that this amount shall be deposited in current account, or tiered current plus account, or tiered saving account with Egyptian pound only also the deposit must take place during the time of the campaign, which started on the 31stof August and valid for a limited time.
The bank will place a lien on the amount deposited (EGP)one million&rdquo; for 4 consecutive months from the date of receiving the cash-back, knowing that the bank has the right to withdraw the cash-back from the account in case the bank found that the amount which qualified the client to join the campaign is not available during the mentioned period.
<img src="https://api.fastersmart.online/uploads/embeds/1668459439-thumbnail_Liability_campagin_visual_amended_-_13.9.2022.jpg" alt="" width="1230" height="1280" />
In case the client wishes to deposit the amount into three different accounts (The current account, tiered current plus account and tiered saving account) The sum of the amount deposited must not be less than EGP one million.
Mohamed Berro, CEO of ENBD Egypt, said: &ldquo;We are committed to launch this campaign to incentivize current and new customers to get higher return on their savings; and thus we were adamant to make available services like immediate cash back for new and current clients who own current or saving accounts. We predict that the campaign will increase the number of beneficiaries from the cash back service, bolster purchasing transactions using credit cards and current accounts, which all fall in line with the Egyptian state&rsquo;s financial inclusion and digital transformation strategies.&rdquo;
It&rsquo;s worth mentioning that ENBD Egypt has launched several campaigns to maximize savings of their current and new clients over the years.&nbsp;
About Emirates NBD Egypt:
Emirates NBD Egypt is an owned subsidiary of Emirates NBD Group, a leading banking group in the Middle East and a major contributor to the banking industry on an international and global scale. Emirates NBD Egypt is one of the largest banks operating in Egypt, positioning itself as a pioneer in providing advanced digital banking services, supported by a large network of 66 branches spread across all governorates, and 335 ATMs across the country.
Emirates NBD Egypt is considered the main player in financing major projects related to the country's infrastructure and development initiatives, which has qualified it for many awards. Among these were three major awards granted by the largest banking institution in Africa, The Banker Africa.
The bank also won the Best Digital Bank Award in Egypt in 2017, the Best Mobile Banking application in Egypt for the year 2018 and the Best Digital Bank in Egypt for the year 2019 from International Finance Magazine. In addition, Emirates NBD Egypt was also awarded the Best Bank in Cash Management for the year 2018 from the Asian Banker, and two awards for the Most Innovative Bank for 2020 in Trade Finance and Cash Management Sector in Egypt and The Fastest Growing Corporate Bank in Egypt for the year 2021 by International Finance Magazine along with the Best Digital Bank Award for the year 2020-2021 from the Union of Arab Banks.
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