Business
Nasser Social Bank launches senior-citizen certificate and October fee waivers
October 1, 2026 at 02:28 PM
Coverage
3 reports · over 2 hours
Nasser Social Bank has launched a senior-citizen savings certificate and a month-long fee waiver marking International Day of Older Persons.
- Nasser Social Bank has launched the "Rad El Gamiel" certificate for older persons in one-year and three-year terms.
- Social Solidarity Minister Maya Morsi said seniors would be exempt from administrative and account-opening fees throughout October.
- Yields on the certificate range from 16.50 percent to 18.25 percent depending on term and payout frequency.
- Certificate values start at 1,000 Egyptian pounds and top out at 2 million, deputy chairman Walid El-Nahas said.


