Sunday 31 Aug/2025 – 01:55 PM
Mohamed Al -Atribi, CEO of the Egyptian National Bank, stated that the bank’s Alcu Committee had met this morning, and decided to adjust the price of the return on dollar certificates, as the return on monthly dollar certificates with 3 new golden years was reduced by 0.40% and a monthly return certificate for 5 years of the people of Egypt 0.15%, and the return of the monthly dollar certificate for 7 years was maintained by 4 years by 4.90% and came and came As follows:
- 3 years with a monthly return of 4.75 %
- 5 years with a monthly return of 4.85 %
- 7 years with a monthly return of 4.90 %
The National Bank of Egypt reduces the return on dollar certificates for 3 and 5 years
In the context, the Alcu Committee of the Egyptian Al -Ahly Bank decided to amend the price of the return on the platinum certificate in the Egyptian pound with a monthly return for a period of 3 years to become 17%.
It decided to adjust the price of the return on platinum certificates with a monthly gradient return to 21 % / 16.75 % / 13.5 %, and with an annual return to 23 % / 18.5 % / 14 %.
The prices of dollar certificates with a monthly return
- 3 years with a monthly return of 5.15 %
- 5 years with a monthly return of 5 %
- 7 years with a monthly return of 4.90 %
The Central Bank, headed by Governor Hassan Abdullah, decided to reduce the interest rate on deposit and lending by 2% equivalent to 200 basis points, in light of the economic data that Egypt is witnessing, which includes the decline in inflation and the increase in the dollar reserve.
The Monetary Policy Committee of the Central Bank said at its meeting today, Thursday, August 28, 2025, that the price of deposit and lending for one night and the price of the main operation of the Central Bank was reduced at 22.00%, 23.00% and 22.50%, respectively.
The rate of inflation decreased
It also decided to reduce the price of credit and discount to 22.50%, and this decision comes as a reflection of the latest economic developments and expectations since the previous monetary policy committee meeting.
The basic inflation, the central bank, decreased to 11.6% in July 2025, compared to 11.4% in June 2025.
The monthly change in the basic record for consumer prices, which is prepared by the Central Bank of Egypt, witnessed a negative 0.3% in July 2025 compared to 0.5% in July 2024 and negatively 0.2% in June 2025.
