Tag: interest rates

Bank interest rates change slightly after CBE’s 2% basic rate hike

Several banks increase interest rates on savings accounts

Hossam Mounir Hossam Mounir

CBE strongly expected to keep basic interest rates unchanged on Thursday

Basic interest rates currently stand at 18.25% for deposit, 19.25% for lending

Hossam Mounir Hossam Mounir

Does the dropping inflation give CBE opportunity to raise interest rates?

MPC will hold its third periodic meeting in 2023 this week to…

Hossam Mounir Hossam Mounir

Central Bank of Egypt keeps interest rates unchanged

Central Bank of Egypt decides to increase banks' required reserve ratio to…

Daily News Egypt Daily News Egypt

Non-banking financial sector in shock due to high interest rates

EFG Hermes working to improve its profit margins, hopes to improve economic…

Fatma Salah Fatma Salah

Rise of interest rates will not affect property prices: Real Estate Investment Division

Prices of construction materials such as steel, decline significantly during last period,…

Daily News Egypt Daily News Egypt

CBE explains its reasoning for raising interest rates by 2%

MPC decided that raising policy rates is necessary to contain inflationary pressures,…

Hossam Mounir Hossam Mounir

Egypt raising interest rates to curb inflation comes as surprise: Bloomberg

The CBE decided to implement the largest raise in interest rates in…

Daily News Egypt Daily News Egypt