Tag: interest rates

7 banks raise interest rates on deposits after Central Bank decision

A recent CBE decision saw an increase in the benchmark overnight deposit…

Abdel Qader Ramadan Abdel Qader Ramadan

National Bank of Egypt, Banque du Caire, and Banque Misr increase returns on savings certificates

A number of government banks raise returns on savings certificates to attract…

Mohamed Ayyad Mohamed Ayyad

Interest rate hike to threaten government debt inflation if financial reform fails: DCode Chairman

Central Bank of Egypt increased interest rates by 1% to contain high…

Mohamed Ayyad Mohamed Ayyad

CBE keeps interest rates on hold for third consecutive time

Bank says decision aims to balance increasing annual inflation rates, sluggish economic…

Doaa Farid Doaa Farid

Finance minister discusses current economic situation and challenges for next government

Galal discloses that the CBE has held onto a $9bn deposit since…

Doaa Farid Doaa Farid

Annual inflation reached 11.15% in October: CAPMAS

The urban consumer inflation rate rose to 10.4% in October

Daily News Egypt Daily News Egypt

Interest rates remain fixed as inflation rises: analysts

Central Bank decision to maintain interest rate was expected by analysts in…

Daily News Egypt Daily News Egypt

Second interest rate cut in a row to encourage lending: Experts

Central Bank's decision to cut the interest rates is seen as a…

Daily News Egypt Daily News Egypt

NBE follows in Banque Misr footsteps

Bank raises interest rates on platinum by 2%

Daily News Egypt Daily News Egypt

CBE keeps interest rates unchanged

Monetary Policy Committee keeps interest rates the same for the ninth time…

Mohamed Salah Mohamed Salah