Egyptian banks’ deposits hit EGP 4tn – CBE Governor

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.

MUBASHER Contribution Time: 17-Feb-2019 12:40 (GMT)
MUBASHER Last Update Time: 17-Feb-2019 12:41 (GMT)