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Basic interest rates, future outlook of inflation consistent with our goals: CBE
Egypt’s real GDP growth softened to 5.3% Q3 2018, unemployment rate inched up to 10.0%
Egyptian market expects another interest rate cut on Thursday
Several factors favour cut, others weigh on fixing, final decision is in hands of MPC, say analysts
Beltone Financial expects another interest rate cut in next CBE meeting
Increase in inflation readings does not affect our forecast for inflationary pressures in 1H19, says research note
Yields on Egypt’s T-Bills down by 0.34 – 0.83% after CBE interest-rate cut
Interest rates, accepted by finance ministry, decline on T-Bills of 91-day to 17.248 – 17.528%
Video: CBE interest rate cuts in the eyes of Moody’s
Interest rate cut to reduce borrowing costs: Moody’s
Egypt’s key credit challenges, including weak finances, large financing need, and high borrowing cost, drive exposure to interest rate shocks as well as large domestic funding cost to remain high, Elisa Parisi-Capone, vice president and senior analyst at Moody’s Investors Service, told Daily News Egypt. Moody’s believes that interest rate cut will be a step …
Interest rates reduction decision by CBE is bold, revives investments in all sectors: Beltone
Decision will pave way for new reduction in interest rates in H1 2019
CBE cuts interest rates by 1%
Overnight deposit rate, overnight lending rate, rate of the main operation at 15.75% 16.75%, 16.25% respectively
CBE to cut interest rate in March: Deutsche Bank
The Central Bank of Egypt (CBE) will cut interest rates next March, Deutsche Bank said in a research note. The bank also forecasts that the CBE is inclined to cut interest rates by 100 basis points next March, Enterprise reported. Deutsche Bank also expects that the CBE will keep interest rates unchanged in the first …
Property developers calls for state mechanism to provide mortgage finance with interest rate commensurate with citizens’ income
Contractors call for fund with 2% interest rate; critical of state’s entry into luxury housing market
Beltone, HC expect CBE to keep interest rates unchanged on Thursday
Stabilized returns on debt instruments at over 18% keep them attractive, says Beltone
Domestic engines of price inflation will stabilize in the Q4 2018, then likely to see easing of monetary policy: HC
Capital Economics expects Egypt to cut interest rates in September
Al-Tawfeek Leasing Company expects inflation rise due to expected price increases of fuel, gas, electricity
Banks avoid interest rate cuts to maintain depositors
Few banks implement interest rates cuts on savings accounts one week after CBE decision to cut basic interest rate by 1%
Limited response from banks to CBE’s move to lower interest rates
ALCOs of banks operating in Egypt will hold intensive meetings Monday to study effects of CBE decision
NBE, Banque Misr discontinue their 20% interest rate saving certificates
The National Bank of Egypt (NBE) will discontinue offering the platinum saving certificate with an annual return rate of 20%, starting from the end of the workday on 15 February 2018, Yehia Abu El-Fotouh, the vice chairperson of NBE told Daily News Egypt on Thursday. However, current certificate owners will continue to have the same …
Lower interest rate, expiry of higher certificates to revive real estate sector in H2 2018
Most cash flow available after expiration will be pumped as investment in sector
Strong expectations to fix pound’s interest rate at Thursday CBE meeting
MPC to hold 8 meetings in 2018 to look into destiny of basic yield prices in CBE
HC Securities expects CBE to keep interest unchanged on Thursday meeting
We expect inflation to return to normal levels starting from September, says Saada
Will inflation force CBE to increase pound interest rate on Thursday?
MPC holds its fifth meeting on Thursday to look into the destiny of basic yield prices in the CBE amid uncertainty about its decision
Banque du Caire raises its interest rates by 1.5-2%
Banque du Caire decided to hike the interest rates offered on its saving vessels, including saving accounts and deposits by rates, between 1.5% and 2%. The bank also decided to introduce new savings vessels with a variable yield linked to the price of the corridor announced by the Central Bank of Egypt (CBE). Mounir El-Zahid, …
Interest rate’s increase temporary, related to IMF loan: Egypt Support Coalition
The government is criticized for its inability to control price hikes
Package of negative implications pending after hiking interest rate
Financing of companies through non-bank financial markets amongst top beneficiaries
Government banks rule out offering new savings certificates with return of 25%
NBE meets at end of the week to determine the fate of its interest rates, Banque du Caire next week, Banque Misr still has no date
Interest rate hike will impose significant fiscal burden: economic experts
HSBC believes that the CBE’s tightening cycle has peaked, Capital Economics forecast a 6% deposit rate fall by end of 2018
Banks consider impact of CBE’s decision to hike interest rates this week
CBE’s decision aims to curb inflation and ease its impacts after moving fuel prices, purchasing power expected to increase, says Negm
Analysts expect CBE to keep interest rate unchanged after Thursday meeting
Seven out of nine analysts and investment banks expect CBE to keep current rates unchanged
Automotive companies expect further decline in sales because of increase in interest rate
70% of customers tend to buy through banks, 30% pays in cash
Flotation, raising interest rate sparked competition between leasing companies: Global Lease
Global Lease current portfolio is approximately EGP 1.4bn, says CEO
Egyptian Business Association set to address the cabinet about problems resulting from 2% rise in interest rate after Eid Al-Fitr
The committee addresses the government to provide the land to the general developer companies, says Fawzy
