{"id":648141,"date":"2017-05-29T03:47:35","date_gmt":"2017-05-29T03:47:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/29\/nbe-will-not-raise-interest-rates-on-personal-loans-only-commercial-loans\/"},"modified":"2017-05-29T03:47:35","modified_gmt":"2017-05-29T03:47:35","slug":"nbe-will-not-raise-interest-rates-on-personal-loans-only-commercial-loans","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/29\/nbe-will-not-raise-interest-rates-on-personal-loans-only-commercial-loans\/","title":{"rendered":"NBE will not raise interest rates on personal loans, only commercial loans"},"content":{"rendered":"

The National Bank of Egypt (NBE) will not be raising interest rates on personal loans taken out before the CBE\u2019s decision to hike<\/a> interest rates by 200 bps last week, the bank\u2019s head of Retail and SME Banking tells Al Ahram<\/a>. The interest rate hike, he adds, will only be applied to commercial loans. The NBE, CIB, Faisal Islamic Bank, and Al Ahli Bank of Kuwait have yet to announce a decision on whether they will raise interest rates on variable interest three-year savings deposit certificates, while eight banks, including Ahli United Bank and Bank of Alexandria changed their interest rates in response to the CBE\u2019s decision, Al Borsa<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"

The National Bank of Egypt (NBE) will not be raising interest rates on personal loans taken out before the CBE\u2019s decision to hike interest rates by 200 bps last week, the bank\u2019s head of Retail and SME Banking tells Al Ahram. The interest rate hike, he adds, will only be applied to commercial loans. The […]<\/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":[9298],"tags":[2372,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648141","post","type-post","status-publish","format-standard","hentry","category-banking-finance","tag-banking-finance","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"af199c35-c0e8-4c22-a5f2-fff74f990c2e","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648108],"teaser":"","voice_url":""},"yoast_head":"\nNBE will not raise interest rates on personal loans, only commercial loans - 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\/2017\/05\/29\/nbe-will-not-raise-interest-rates-on-personal-loans-only-commercial-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBE will not raise interest rates on personal loans, only commercial loans\" \/>\n<meta property=\"og:description\" content=\"The National Bank of Egypt (NBE) will not be raising interest rates on personal loans taken out before the CBE\u2019s decision to hike interest rates by 200 bps last week, the bank\u2019s head of Retail and SME Banking tells Al Ahram. 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Blom Bank increased interest on short-term CDs by a maximum of 200 bps, and is studying doing the same for\u2026","rel":"","context":"In "Banking + Finance"","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":648248,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/31\/cib-raises-interest-rates-on-short-term-deposit-certificates\/","url_meta":{"origin":648141,"position":1},"title":"CIB raises interest rates on short-term deposit certificates","author":"enterpriseam admin","date":"31 May 2017","format":false,"excerpt":"CIB has raised interest rates on short-term certificates of deposit by 100 bps to 3.5% for one week CDs and 11.5% for one-year CDs, according to Al Borsa. Interest rates on savings accounts and personal loans remain unchanged. Several banks, including BLOM Bank and the National Bank of Egypt, had\u2026","rel":"","context":"In "Banking + Finance"","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":568216,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/22\/why-banks-in-egypt-remain-profitable-chapter-xxii\/","url_meta":{"origin":648141,"position":2},"title":"Why banks in Egypt remain profitable: Chapter XXII","author":"enterpriseam admin","date":"22 December 2020","format":false,"excerpt":"Profits in the banking sector have grown this year despite an acceleration of the central bank\u2019s easing cycle, a survey conducted by the local press showed. Thirteen banks saw their net income and interest income increase during the first nine months of 2020 even as central bank cut rates by\u2026","rel":"","context":"In "Banking"","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/375.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":695411,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/22\/the-national-bank-of-egypt-and-banque-misr-just-hiked-rates-on-cds-moves-that-could-see-the-egp-gain-against-the-usd\/","url_meta":{"origin":648141,"position":3},"title":"The National Bank of Egypt and Banque Misr just hiked rates on CDs \u2014 moves that could see the EGP gain against the USD","author":"enterpriseam admin","date":"22 April 2026","format":false,"excerpt":"NBE and BM both hiked rates on CDs by 125 bps","rel":"","context":"In "The Big Story Today"","block_context":{"text":"The Big Story Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-big-story-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/837.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646292,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/nbe-hikes-interest-rates-on-cds-and-savings-accounts\/","url_meta":{"origin":648141,"position":4},"title":"NBE hikes interest rates on CDs and savings accounts","author":"enterpriseam admin","date":"11 June 2017","format":false,"excerpt":"The National Bank of Egypt (NBE) raised interest rates on its short-term certificates of deposit by 100 bps to 7.5% for one-week CDs and 100 bps for the longest-term under one year, Al Borsa said on Saturday. 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