Lending Rate in Egypt decreased to 9.75 percent in September from 10.25 percent in August of 2020.
Lending Rate in Egypt averaged 11.26 percent from 2005 until 2020, reaching an all time high of 19.75 percent in July of 2017 and a record low of 9.25 percent in December of 2013. This page provides - Egypt Overnight Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Overnight Lending Rate - data, historical chart, forecasts and calendar of releases - was last updated on October of 2020. source: Central Bank of Egypt
Lending Rate in Egypt is expected to be 10.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Lending Rate in Egypt to stand at 9.25 in 12 months time. In the long-term, the Egypt Overnight Lending Rate is projected to trend around 14.00 percent in 2021 and 8.75 percent in 2022, according to our econometric models.