{"id":634804,"date":"2018-01-24T04:19:11","date_gmt":"2018-01-24T04:19:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/"},"modified":"2018-01-24T04:19:11","modified_gmt":"2018-01-24T04:19:11","slug":"banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/","title":{"rendered":"Banque Misr considers lower interest rates on highest-yielding CDs or scrapping them in 2H2018"},"content":{"rendered":"<p><strong>Banque Misr considers lower interest rates on highest-yielding CDs, could scrap them in 2H2018: <\/strong>Banque Misr plans to lower yields on certificates of deposit currently carrying rates of 20% in 2H2018, bank chairman Mohamed El Etreby tells the <a href=\"https:\/\/www.youtube.com\/watch?v=760K7O8LUak\">Creature of the Blue Lag..studios of Ala Mas\u2019oolity<\/a>. The bank is also mulling over scrapping the highest yielding CDs, as the economy continues to improve, El Etreby added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019oolity. The bank is also mulling over scrapping the highest [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634804","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"14aabee9-64bf-40ef-8d39-f4d475e6b561","order":"0","is_powered_by":true,"section_story_id":"09f64e62-f1c5-4c4f-8c9d-f5abca7dc0b3","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634789],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Banque Misr considers lower interest rates on highest-yielding CDs or scrapping them in 2H2018 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Banque Misr considers lower interest rates on highest-yielding CDs or scrapping them in 2H2018\" \/>\n<meta property=\"og:description\" content=\"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\u2019oolity. The bank is also mulling over scrapping the highest [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-24T04:19:11+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Banque Misr considers lower interest rates on highest-yielding CDs or scrapping them in 2H2018\",\"datePublished\":\"2018-01-24T04:19:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/\"},\"wordCount\":81,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/24\/banque-misr-considers-lower-interest-rates-on-highest-yielding-cds-or-scrapping-them-in-2h2018\/\",\"name\":\"Banque Misr considers lower interest rates on highest-yielding CDs or scrapping them in 2H2018 - 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The banks started selling the high-interest certificates in March to protect savers and ease pressure on\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/234.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630205,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/state-owned-banks-scrap-high-yielding-cds-introduce-new-variable-interest-certificates\/","url_meta":{"origin":634804,"position":1},"title":"State-owned banks scrap high-yielding CDs, introduce new variable interest certificates","author":"enterpriseam admin","date":"15 April 2018","format":false,"excerpt":"The country\u2019s largest state-owned banks have decided to scrap their high-yielding certificates of deposits two weeks after the central bank cut key interest rates by 100 bps. Banque Misr stopped issuing its high-yielding 17% CDs as of last Thursday, Vice Chairman Akef El Maghraby said, while the National Bank of\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590817,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/26\/last-nights-talk-shows-new-usd-cds-the-ongoing-heatwave\/","url_meta":{"origin":634804,"position":2},"title":"Last Night\u2019s Talk Shows: New USD CDs + the ongoing heatwave","author":"enterpriseam admin","date":"26 July 2023","format":false,"excerpt":"NBE and Banque Misr launch new USD certificates of deposit","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1054.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":629755,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/mpc-cuts-interest-rates-100-bps\/","url_meta":{"origin":634804,"position":3},"title":"MPC cuts interest rates 100 bps","author":"enterpriseam admin","date":"1 April 2018","format":false,"excerpt":"The central bank\u2019s Monetary Policy Committee cut interest rates 100 bps on Thursday, the CBE said in a statement (pdf). 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