2 Days
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المصري اليوم
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Source: المصري اليوم
2 Daysالمصري اليوم
Source: المصري اليوم
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The Central Bank of Egypt raised interest rates by 1% on October 29, 2026, bringing the deposit rate to 20% and the lending rate to 21%. Following the decision, the annual return on variable-rate certificates reached 20.5% at the National Bank of Egypt and 20.25% at Banque Misr and CIB, with returns paid monthly. An investment of EGP 100,000 at a 20.5% return would earn around EGP 20,500 a year, or about EGP 1,708 a month. The increase does not automatically apply to all certificates, as returns vary according to their type and terms.
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