Bank Lending Rate in Egypt decreased to 9.50 percent in January from 9.70 percent in December of 2020. source: Central Bank of Egypt
Bank Lending Rate in Egypt averaged 13.84 percent from 1991 until 2021, reaching an all time high of 21.15 percent in November of 1991 and a record low of 9.50 percent in January of 2021. This page provides - Egypt Bank Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Egypt Bank Lending Rate - values, historical data and charts - was last updated on March of 2021.
Bank Lending Rate in Egypt is expected to be 9.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Bank Lending Rate in Egypt to stand at 8.70 in 12 months time. In the long-term, the Egypt Bank Lending Rate is projected to trend around 8.70 percent in 2022, according to our econometric models.