CAIRO, Oct 2 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday to cut the overnight deposit rate, the...

Most central banks across the globe will continue cutting their policy rates in the second half of 2025, Fitch Solutions has stated. For instance, it...

Most central banks across the globe will continue cutting their policy rates in the second half of 2025, Fitch Solutions has stated. For instance, it...

Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the...

Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the...

Saudi banks have lowered the monthly salary deduction rate for personal and mortgage loans to 55% for employees earning under SAR 15,000, down from...

Saudi banks have lowered the monthly salary deduction rate for personal and mortgage loans to 55% for employees earning under SAR 15,000, down from...

  Bokang Mofoka  MICRO lender, Letshego Financial Services, has launched its Let’s Go and Win campaign, reducing its interest rate by 1%...

article author: Dayan Abou TineFri, 2025-09-26 12:01 RIYADH: Saudi finance companies’ outstanding credit reached SR99.37 billion ($26.5 billion)...

Earlier in 2025, the RBI had slashed the repo rate by a total of 100 basis points, but chose to hold it steady in its August meeting.