CAIRO, March 9 (Reuters) - State-owned National Bank of Egypt has raised the interest rates on its three-, five- and seven-year dollar-denominated certificates of deposit, a banker told Reuters on Wednesday.
The interest rate on the three-year certificate was raised to 4.25 percent from 3.25 percent, and the interest rate on the seven-year certificate was raised to 5.75 percent from 4.25 percent, the banker said.
The interest rate on the five-year certificates was raised to 5.25 percent. The banker did not give a comparative figure for the previous five-year certificate interest rate.
(Reporting by Asma Alsharif; Editing by Hugh Lawson) ((asma.alsharif@thomsonreuters.com; +20225783290; Reuters Messaging: asma.alsharif.reuters.com@reuters.net))
The interest rate on the three-year certificate was raised to 4.25 percent from 3.25 percent, and the interest rate on the seven-year certificate was raised to 5.75 percent from 4.25 percent, the banker said.
The interest rate on the five-year certificates was raised to 5.25 percent. The banker did not give a comparative figure for the previous five-year certificate interest rate.
(Reporting by Asma Alsharif; Editing by Hugh Lawson) ((asma.alsharif@thomsonreuters.com; +20225783290; Reuters Messaging: asma.alsharif.reuters.com@reuters.net))
