By: Eslam Fadl
Cairo – Mubasher: The Egyptian banking sector’s deposits portfolio has exceeded EGP 4 trillion, governor of the Central Bank of Egypt (CBE) has said.
Meanwhile, the sector’s loan portfolio currently amounts to over EGP 1 trillion, Tarek Amer added during a press conference on the Nileprenuers initiative being financed by the National Bank of Egypt (NBE) and implemented by the Nile University.
The CBE seeks to raise its loan portfolio in the banking sector to EGP 2 trillion over the coming period, Amer indicated.