ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike
Published . Updated .
By Staff WriterBanks operating in the Egyptian market will begin reviewing interest rates on their savings products and loan offerings on Sunday, following the Central Bank of Egypt’s (CBE) decision last Thursday to raise key interest rates by one percentage point. The increase
Directly affected
- No company is named in this report.
Indirectly affected
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF-2.1% 11d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-2.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa.
- EEM iShares MSCI Emerging Markets ETF-0.3% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| AFK | +1.33% | +3.12% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| EMBNo price data for this ticker | — | — | — | — | — | — | — |
| EMLCNo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike TradingView
Source: TradingView
How far Select Sector Spdr Tr (XLF) has moved since 2 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (AFK) | three days earlier | +3.12% | final price |
| Vaneck Etf Trust (AFK) | five days earlier | +1.33% | final price |
| Wisdomtree Tr (CEW) | three days earlier | 0.00% | final price |
| Wisdomtree Tr (CEW) | five days earlier | 0.00% | final price |
Members of Congress who traded Select Sector Spdr Tr (XLF) near this story
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 59 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 59 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 67 days before publication. Filed 4 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Select Sector Spdr Tr (XLF)
Companies mentioned with this story
- XLF Select Sector Spdr Tr
Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike.” Reason on file: Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story
- KRE Spdr Series Trust
In “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Regional Banking ETF: it holds banks. Linked by “banks” (banks) in this story
- AFK Vaneck Etf Trust
In “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike,” Vaneck Etf Trust (AFK) is linked, with no stored direction, medium confidence. Reason on file: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“egypt”)
- CEW Wisdomtree Tr
Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike.” Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from Africa
- EMB Ishares Tr
For “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in Africa
- EMLC Vaneck J. P. Morgan Em Local Currency Bond Etf
In “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from Africa
- EEM Ishares Tr
For “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa
- JPM Jpmorgan Chase
Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike.” Reason on file: JPMorgan Chase (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “banks” (banks) in this story
Select Sector Spdr Tr (XLF)
On 2 Nov 2026, “ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike” is the story that connects Select Sector Spdr Tr (XLF) to this story.
The link for Select Sector Spdr Tr (XLF) is this: Financial Select Sector SPDR: it holds banks. Linked by “banks” (banks) in this story
A second company, Spdr Series Trust (KRE), is listed for a different reason: SPDR S&P Regional Banking ETF: it holds banks. Linked by “banks” (banks) in this story
Price levels for Select Sector Spdr Tr (XLF)
AFK traded between 25.64 and 25.83 across 1 sessions. The latest close on file is 25.83. KRE traded between 67.80 and 71.93 across 20 sessions. The latest close on file is 70.61. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.
What the saved facts support for Select Sector Spdr Tr (XLF)
46 out of 100
“ZAWYA: Egypt: Banks to review savings, lending rates following CBE’s 1% rate hike” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.