Cairo 7 July 2009   At the beginning of 2009, National Société Générale Bank (NSGB) launched "My Time Deposit" in USD and Euro, as an added value to the wide range of saving channels offered by the bank in this field. "My Time Deposit" is tailored to address clients' different needs of safe Dollar and Euro saving vehicles to cope up with the global economic changes.  

"My Time Deposit" is a medium term saving product in Dollar and Euro available for 3 and 5 years duration offering competitive fixed interest rates through out the TD duration. It is available for both individuals, corporate and financial institutions with no limitations on the maximum amount or number of TDs. Mean while, "My Time Deposit" is considered a perfect match for the existing as well as the potential clients who have foreign funds.

Mr. Mohamed El Dib, NSGB Chairman and Managing Director stated that "Regarding the global economic financial changes and in an attempt to meet clients' financial needs and preferences, NSGB launched "My Time Deposit" in Dollar and Euro as a continuation of NSGB strategy to provide the Egyptian market with unique competitive banking products."

NSGB exerts persistent efforts to offer entire portfolio of depository products as well as providing effective banking services to its clients.

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© Press Release 2009