17 Hrs
Source:
المصدر
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CIB Rate Rises to 20.5%
Commercial International Bank Egypt (CIB) raised the annual yield on its variable-rate savings certificates to 20.25% for the certificate with daily returns, with a minimum yield of 17.25%, and to 20.5% for the certificate with monthly returns, with a minimum yield of 17.5%. The decision followed a 1-percentage-point increase in interest rates by the Central Bank of Egypt, bringing the overnight deposit and lending rates to 20% and 21%, respectively.
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