Bank deposits in Egypt rise to EGP 3.6tr

Cairo - Mubasher: A recent report by the Central Bank of Egypt (CBE) showed that deposits in the banking sector rose slightly by the end of August to EGP 3.606 trillion, compared with EGP 3.586 trillion by the end of July.

Governmental deposits reached EGP 523.3 billion by the end of August, compared with EGP 538.4 billion in July.

The CBE revealed that the country’s net international reserves reached $44.5 billion by the end of September 2018.

Data showed on Thursday an increase of $200 million or nearly 0.5% during the first quarter of fiscal year 2018/2019.

Mubasher Contribution Time: 26-Oct-2018 22:32 (GMT)
Mubasher Last Update Time: 26-Oct-2018 22:32 (GMT)