Mohamed Al-Attari, Chief Executive Officer of the National Bank of Egypt, said that the Bank’s Al-Alco Committee will meet next Sunday, August 31, 2025, to discuss the rates of return on savings vessels, against the backdrop of the meeting of the Monetary Policy Committee at the Central Bank, which was held on Thursday, August 28, 2025.
The Central Bank of Egypt (CBE) decided to reduce interest rates on deposit and lending by 2% on Thursday at the fifth meeting of the Monetary Policy Committee in 2025, to reach 22.00% for deposit and 23.00% for lending.
We recommend: Central Bank interest rate cut a vital stimulus for the Egyptian economy
