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Bank investments in T-bills amounted to EGP 564.3bn - Daily News Egypt

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Bank investments in T-bills amounted to EGP 564.3bn

The total investments initiated by banks operating in the Egyptian market amounted to EGP 564.349bn at the end of October 2017, compared to EGP 549.96bn at the end of September 2017, an increase of EGP 14.4bn, according to the CBE. According to the CBE, public sector bank investments rose to EGP 285.18bn by the end …


The total investments initiated by banks operating in the Egyptian market amounted to EGP 564.349bn at the end of October 2017, compared to EGP 549.96bn at the end of September 2017, an increase of EGP 14.4bn, according to the CBE.

According to the CBE, public sector bank investments rose to EGP 285.18bn by the end of October, compared to EGP 269.94bn at the end of September.

Meanwhile, investments of specialised banks rose to EGP 12.203bn from EGP 11.14bn and investments in foreign bank branches increased to EGP 22.44bn compared to EGP 21.53bn.

In contrast, private sector bank investments fell to EGP 244.53bn by the end of October, compared to EGP 247.36bn at the end of September.

The CBE has revealed that the volume of outstanding balances of treasury bills (T-bills) reached EGP 1.031tn at the end of October 2017, compared to EGP 994.94bn at the end of September 2017.

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https://wwww.dailynewssegypt.com/2017/12/23/bank-investments-t-bills-amounted-egp-564-3bn/
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