Interest Spread rose to 6.08% in Egypt in 2017

Interest Spread (%)
Banking | Egypt | May 17, 2019
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Excel Sheet

Interest spread, which is the difference between interest rate on loans and deposits reached 7.85 % in 1991 in Egypt, according to the National Central Bank. This is 29 % more than in the previous year.

Historically, interest spread, which is the difference between interest rate on loans and deposits in Egypt reached an all time high of 8.33 % in 1992 and an all time low of 3.65 % in 1998. When compared to Egypt's main peers, interest spread, which is the difference between interest rate on loans and deposits in Israel amounted to 12.5 % and 1.50 % in Libya in 1991.

Egypt has been ranked 40th within the group of 106 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits, 5 places behind the position seen 10 years ago.

Interest rate spread is the interest rate charged by banks on loans to prime customers minus the interest rate paid by commercial banks for demand, time, or savings deposits.

Interest Spread (Difference Between Interest Rate on Loans and Deposits) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria % 6.25% 6.25% 6.25% 6.25% 6.25%
Chad % ... ... ... ... ... ... ... ... ...
Egypt % 4.29% 4.36% 4.61% 4.79% 4.72%
Ethiopia % ... ... ... ... ... ... ... ... ...
Iraq % 8.22% 7.99% 7.83% 7.45% 7.44% ...
Israel % 3.45% 3.35% 3.10% 3.11% 3.00%
Jordan % 5.32% 5.01% 4.16% 4.47% 4.98%
Lebanon % 1.47% 1.29% 1.46% 1.56% 1.48%
Libya % 3.50% 3.50% 3.50% 3.50% ... ... ...
Saudi Arabia % ... ... ... ... ... ... ... ... ...
South Sudan % ... ... ... 10.0% 12.2% 17.3% 12.6%
Sudan % ... ... ... ... ... ... ... ... ...
Syria % 3.33% ... ... ... ... ... ...
Tunisia % ... ... ... ... ... ... ... ... ...
United Arab Emirates % ... ... ... ... ... ... ... ... ...
Yemen % 5.00% 5.00% 6.83% ... ... ... ...