Banque Misr considers lower interest rates on highest-yielding CDs or scrapping them in 2H2018

Banque Misr considers lower interest rates on highest-yielding CDs, could scrap them in 2H2018: Banque Misr plans to lower yields on certificates of deposit currently carrying rates of 20% in 2H2018, bank chairman Mohamed El Etreby tells the Creature of the Blue Lag..studios of Ala Mas’oolity. The bank is also mulling over scrapping the highest yielding CDs, as the economy continues to improve, El Etreby added.