Cairo – Mubasher: Egypt’s Central Bank said that the total deposits at the Egyptian banking sector have grew by 20% by the end of July 2016.
The total deposits amounted to EGP 2.138 trillion at July 2016 at the country’s banking sector.
The governmental deposits reached around EGP 358.6 billion, while the non-governmental deposits reached EGP 1.78 trillion by the end of July 2016
The total loans amount increased to EGP 938.9 billion by the end of July 2016 compared with EGP 721.8 billion for the period a year earlier.
The government accounted for EGP 176.9 billion of the total disbursed loans, while the private sector accounted for EGP 761.9 billion.
