Tag: interest

Public banks stop selling their 15% interest certificates on Sunday

The three state-owned banks have begun offering these certificates in mid-March 2016

Hossam Mounir Hossam Mounir

CBE poised to lift interest on pound

The Monetary Policy Committee is holding its third meeting this year on…

Hossam Mounir Hossam Mounir

Carpooling app Raye7 looks to expansion plans as interest grows

70% of private cars in Greater Cairo have vacant places and Raye7…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Private banks begin raising interest rates on saving schemes in pounds

The step came after public banks raised their interest rates and an…

Hossam Mounir Hossam Mounir

Private banks wait on public banks to make first move to raise interest rates

Return on treasury bills for 3, 9 months increased after CBE lifted…

Hossam Mounir Hossam Mounir

Tourism investors call on banks to extend payment deadlines, reduce interest rates

CBE governor will discuss loan interest rates and postponing tourism sector’s overdue loans

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

Money pools spread to avoid interest rates on loans

Banks should offer new products and incentives suitable for low-income citizens, reconsider…

Shaimaa Al-Aees Shaimaa Al-Aees

High interest rates, lack of facilitated lands weaken mortgage finance initiative

Interest rates on financing units ranging from 14 to 17%, says Fikri

Shaimaa Al-Aees Shaimaa Al-Aees

Ministry of Housing to allocate 5,000 land parcels in 10 new cities.

Draw entry fees are EGP 25,000 as down payment in cash or…

Rana Yehia Rana Yehia

CBE to investigate future of interest rates

The market expects MPC to fix both loan and deposit rates

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