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.

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Egypt Overnight Lending Rate

Actual Previous Highest Lowest Dates Unit Frequency
9.75 10.25 19.75 9.25 2005 - 2020 percent Monthly


Calendar GMT Actual Previous Consensus TEForecast
2020-05-14 02:15 PM 10.25% 10.25% 10.25% 10.25%
2020-06-25 04:00 PM 10.25% 10.25% 10.25% 10.25%
2020-08-13 05:20 PM 10.25% 10.25% 10.25% 10.25%
2020-09-24 08:30 PM 9.75% 10.25% 10.25%
2020-11-12 05:00 PM 9.75% 9.25%
2020-12-24 05:00 PM 9.25%

Egypt Money Last Previous Highest Lowest Unit
Interest Rate 8.75 9.25 21.40 8.25 percent [+]
Money Supply M0 890279.00 929350.00 929350.00 68043.00 EGP Million [+]
Money Supply M1 1121357.00 1125021.00 1125021.00 33680.00 EGP Million [+]
Money Supply M2 4682916.00 4626455.00 4682916.00 161125.00 EGP Million [+]
Foreign Exchange Reserves 38425.00 38366.00 45510.00 10088.00 USD Million [+]
Banks Balance Sheet 5516806.00 5080570.00 5516806.00 156312.00 EGP Million [+]
Loans to Private Sector 1026569.00 1018070.00 1026569.00 220898.00 EGP Million [+]
Deposit Interest Rate 6.90 7.50 13.60 3.00 percent [+]
Lending Rate 9.75 10.25 19.75 9.25 percent [+]
Central Bank Balance Sheet 6408261.00 6584681.00 6584681.00 1198240.00 EGP Million [+]


Egypt Overnight Lending Rate
In Egypt, lending rate refers to central bank overnight lending facility and it is one of its main policy instruments. Together with the overnight deposit rate, the overnight lending rate provides the outer bounds of a corridor within which the overnight inter-bank rate will fluctuate.