Emirates NBD Egypt has launched its "Business Prime" account. This is a current account with a rising yield, designed to support small and medium-sized enterprises (SMEs) and new business clients. It's part of the bank's strategy to expand its business banking services and offer solutions that help companies manage their cash flow efficiently and boost their growth potential. The account calculates returns based on the daily balance, adding them daily. It also features a tiered return structure, allowing clients to earn higher returns as their deposit amounts increase. This gives businesses more flexibility in managing their cash flow and making the most of surplus liquidity. The account is available in Egyptian Pounds, with a minimum opening balance of EGP 150,000. Business Prime offers a range of operational benefits, including full exemption from account opening and administration fees. Plus, there are discounts of up to 50% on several banking services. These include statement fees, checkbook issuance, local transfers in Egyptian Pounds via the businessONLINE platform, as well as CPS transactions and check collection services. The account also provides the first debit card and first corporate credit card without fees. On top of that, each company gets a dedicated relationship manager to help simplify daily transactions, speed up their execution, and ensure priority service. The launch of this account aligns with Emirates NBD Egypt's focus on boosting digital transformation in banking services. They aim to develop more flexible financial solutions that meet the evolving needs of businesses, especially with the growing demand for liquidity management tools and digital services that support business expansion. The bank continues to expand its portfolio of services for the corporate sector with banking products that combine competitive returns and operational benefits. This strengthens its position in the Egyptian market as a financial partner that supports the growth of SMEs and contributes to boosting economic activity.
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