Egyptian bank assets climb to EGP 24.8trn as household deposits lead growth - News Summed Up

Egyptian bank assets climb to EGP 24.8trn as household deposits lead growth


Banks’ balances with one another domestically totalled around EGP 2.825trn, while their balances with banks abroad reached around EGP 1.594trn. Non-government deposits amounted to EGP 12.156trn, including around EGP 8.971trn in local currency and the equivalent of around EGP 3.184trn in foreign currencies. The report noted that the public business sector accounted for around EGP 158.696bn of total non-government deposits in local currency, while the private business sector’s share was EGP 1.484trn, the household sector EGP 7.277trn, and non-residents EGP 51.026bn. Meanwhile, in foreign-currency non-government deposits, the public business sector accounted for the equivalent of EGP 197.014bn, the private business sector the equivalent of EGP 1.020trn, the household sector the equivalent of EGP 1.852trn, and non-residents the equivalent of EGP 115.110bn. It said this increase was driven by a rise in net foreign assets at banks equivalent to EGP 110.9bn, and at the central bank equivalent to EGP 17.6bn.


Source: Daily News Egypt January 31, 2026 17:11 UTC



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