Bank Lending Rate in Egypt decreased to 11.20 percent in July from 11.30 percent in June of 2020. source: Central Bank of Egypt
Bank Lending Rate in Egypt averaged 13.90 percent from 1991 until 2020, reaching an all time high of 21.15 percent in November of 1991 and a record low of 10.60 percent in February of 2011. 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 October of 2020.
Bank Lending Rate in Egypt is expected to be 11.20 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 11.20 in 12 months time. In the long-term, the Egypt Bank Lending Rate is projected to trend around 11.20 percent in 2021 and 10.70 percent in 2022, according to our econometric models.