Egypt Today: Net foreign assets (NFAs) in Egypt’s banking system surged by the end of October to their highest level since February 2020, when they last exceeded the $24 billion threshold.
NFAs across the banking system, including the Central Bank of Egypt and commercial banks, rose by around 9 percent in October, reaching $22.6 billion (equivalent to EGP 1.07 trillion), up from $20.8 billion (EGP 996.1 billion) at the end of September.
Total foreign assets in the banking system also increased, climbing to EGP 4.4 trillion by the end of October, compared with EGP 4.3 trillion in September 2025.
Conversely, the banking system’s foreign-currency liabilities declined to EGP 3.29 trillion at the end of October, down from EGP 3.32 trillion in September, marking a slight decrease in total liabilities during the period.
The Egyptian banking system had previously achieved a surplus in May 2024 for the first time since January 2022, when the surplus stood at the equivalent of EGP 676.4 billion.
This came after the system had recorded a deficit of EGP 174.4 billion at the end of April 2024. The surplus in January 2022 amounted to approximately $9.7 billion.
https://www.egypttoday.com/Article/3/143823/Egypt-s-net-foreign-assets-surge-to-22-6B-in
