Egypt's central bank kept the overnight lending rate unchanged at 12.25 percent. Analysts were expecting a full percentage point increase. source: Central Bank of Egypt

Lending Rate in Egypt averaged 11.25 percent from 2005 until 2022, 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 September of 2022.

Lending Rate in Egypt is expected to be 12.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Egypt Overnight Lending Rate is projected to trend around 14.25 percent in 2023 and 10.50 percent in 2024, according to our econometric models.

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Egypt Overnight Lending Rate

Calendar GMT Actual Previous Consensus TEForecast
2022-08-18 03:40 PM 12.25% 12.25% 12.75% 12.25%
2022-09-22 04:40 PM 12.25% 12.25% 13.25% 13.25%
2022-11-03 05:40 PM 12.25%

Related Last Previous Unit Reference
Interest Rate 11.25 11.25 percent Sep 2022
Interbank Rate 11.29 11.29 percent Sep 2022
Money Supply M0 1307004.00 1252839.00 EGP Million Aug 2022
Money Supply M1 1575425.00 1544981.00 EGP Million Jul 2022
Money Supply M2 6708585.00 6611593.00 EGP Million Jul 2022
Foreign Exchange Reserves 33142.00 33143.00 USD Million Aug 2022
Banks Balance Sheet 10037071.00 7948115.00 EGP Million Jun 2022
Loans to Private Sector 1498936.00 1481828.00 EGP Million Jul 2022
Lending Rate 12.25 12.25 percent Sep 2022
Central Bank Balance Sheet 9732609.00 9626802.00 EGP Million May 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
12.25 12.25 19.75 9.25 2005 - 2022 percent Monthly