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NBE, Banque Misr Raise EGP 565Bn From High-Interest Certificates In One Month

NBE, Banque Misr Raise EGP 565Bn From High-Interest Certificates In One Month
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Egypt s CBE Raises Interest Rates by 2% amid Devaluation Rumors

The Central Bank of Egypt (CBE) announced a two percent increase in interest rates on Thursday, 1 February, marking the first hike since August 2023. The overnight lending and deposit rates now stand at 22.5 percent and 21.25 percent, respectively. Despite persistent inflation, rates had remained unchanged for several months, with the average inflation rate

Interest rates in the balance - Economy - Al-Ahram Weekly

Interest rates in the balance - Economy - Al-Ahram Weekly
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Egypt s NBE introduces new debit card for US dollar accounts - Economy - Business

Egypt s NBE introduces new debit card for US dollar accounts - Economy - Business
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Banque Misr Launches Debit Card for US Dollar Transactions

Egyptian state-owned bank, Banque Misr, released a new debit card that allows US dollar transactions up to USD 20,000 (EGP 618,058) per month, according to an Ahram Online report published on 30 January. The Visa Platinum card, which also works domestically, allows for a daily limit of USD 1,000 (EGP 30,902) and is valid up

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