Interest Rate on Bank Loans (Local Currency) fell 17.1% to 9.43% in Egypt in 2021

Interest rate on bank loans fell 17.1% to 9.43% in Egypt in 2021, according to the National Central Bank.

Historically, interest rate on bank loans in Egypt reached an all time high of 20.3% in 1992 and an all time low of 8.00% in 1976.

Egypt has been ranked 36th within the group of 94 countries we follow in terms of interest rate on bank loans, 22 places above the position seen 10 years ago.