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Foreign currency deposits account for 21.73% of total bank deposits end-May
Deposit growth fell to 11.34% in May from 11.46% in April
Bank deposit growth slows to 11.46% in April from 11.85% in March
DNE sheds light on key performance indicators of banks operating in local market in April 2019
EPG 489.138bn increase in banks’ deposits in 2018: CBE
Government’s deposits hit EGP 391.7bn, family sector deposited 66% of them
Egypt’s bank deposits up by 15.3% end-November 2018: CBE
Deposits in EGP increase by 16.9%, foreign currencies deposits grow by 9.4%
17.4% increase in total bank deposits balance in 2017/18: CAPMAS
Total deposits balance increased in 2017/18 to reach EGP 3553.6bn, with an increase of 17.4% with the household and private business sectors having the greatest impact on high deposits. The Central Agency for Public Mobilisation and Statistics (CAPMAS) has issued the annual statistical bulletin for deposits and credit. It included information on the evolution of …
Deposits, commercial accounts in banks rose to EGP 3bn: CAPMAS
The Central Agency for Public Mobilisation and Statistics (CAPMAS) data has shown that the financial position of the banks rose to reach EGP 4261.3bn for 2016/17 with a rate of increase 49.7% for 2015/16. The increase has reached EGP 1415.2bn due to the increase in the deposits and commercial accounts at a value of EGP …
Deposits up by EGP 11.8bn by end-July 2018: CBE
Volume amounted to EGP 3027.3bn up from EGP 3015.5bn at end of June 2018
Deposits up EGP 52bn, loans EGP 27bn end-February: CBE
Banks’ investments in stocks, bonds down EGP 37bn
Deposits up EGP 65bn, loans rise EGP 23bn in January 2018: CBE
The volume of deposits at banks operating in the domestic market jumped in January 2018 to EGP 3.39tn from EGP 3.32tn in December 2017, an increase of EGP 65bn, according to the Central Bank of Egypt (CBE). In its recent report, the CBE said that total government deposits increased in January 2018 to about EGP …
Egypt’s bank deposits rise EGP 55bn in November 2017: CBE
The Central Bank of Egypt (CBE) announced that total bank deposits rose by EGP 55bn in November 2017. This brought total deposits to EGP 3.273tn at the end of November 2017 compared to EGP 3.218tn in October 2017. The CBE said that non-government bank deposits also rose by EGP 50bn at the end of November …
Deposits portfolio reached EGP 3.124tn
The size of the banks’ deposits portfolio reached EGP 3.124tn at the end of August 2017, up from EGP 3.071tn at the end of July, an increase of EGP 53bn, according to the Central Bank of Egypt (CBE). The CBE noted that government deposits rose to a record EGP 529.4bn by the end of August, …
Deposits in Egypt Post up by 14% over the past year: CAPMAS
The reason for the increase is the ease of dealing and confidence in Egypt Post and spread across the Republic :CAPMAS
Banks to begin implementing CBE’s decision to raise mandatory reserve ratio of deposits on Tuesday
The CBE’s decision pushes banks to expand the financing of SMEs, as banks are exempted for the same value of liquidity they put into them, according to experts
QNB ALAHLI loans increased to EGP 99.617bn, deposits reached EGP 159.795m YTD
Total assets increased to EGP 195.780bn, up 3% from December 2016
14% increase in deposits in Egypt Post savings fund in 2015/2016
The post also noted increases in dispensed pensions and the number of offices
UNB Egypt aims to achieve 30% growth in loans and deposits
We aim to acquire a stake of not less than 5% of the Egyptian banking market over the next ten years, says Abdeen
Flotation drives deposits at banks to EGP 490bn, loans to EGP 313.3bn in November 2016
137.2% growth in foreign currencies deposits in flotation month, drops to 18.3% after excluding impact of the decision
20% increase in loans, 15% more deposits at Al Baraka Bank: Beltone
Foreign currency loans account for 25% of loans, while deposits in foreign currency represent 18% of sheer deposits
Increase of EGP 63.8bn in loans, EGP 51bn in deposits at Banque Misr
Bank achieved the highest profits in its history, a total of EGP 10.2bn, pays EGP 4.7bn in taxes
Largest 10 banks acquired 72.11% of total deposits until September 2016: CBE
The share of the largest five banks of total deposits reaches 58.9%; government banks are at the top
EGP 188bn in deposits, investments at Egypt Post in H1 of FY 2016/2017
The number of savings accounts increased from 23.1m in May 2016 to 24m in December 2016
NBE receives EGP 15bn in new deposits in fortnight: chairperson
Banque Misr collected $400m during the first two weeks of the flotation, says deputy chairperson
Household sector acquires 75.3% of total deposits in banks in May: CBE
The household sector acquired 75.3% of the total deposits in banks in May, according to a recently issued report by the Central Bank of Egypt (CBE). The bank stated in its report that the household sector acquired about 78% of the total local currency deposits and about 63.3% of the total foreign currency deposits. According …
EGP 65bn increase in deposits at banks in May
The total volume of deposits at banks operating in the Egyptian market, aside from the Central Bank of Egypt (CBE), increased by EGP 65bn in May, registering EGP 2.079tn from EGP 2.014tn in April. The CBE’s monthly bulletin on the performance of banks in the Egyptian market showed that the total volume of governmental deposits recorded …
Bank loans to customers increase by EGP 13.2bn in April: CBE
Private sector received 74.8% of total loans
Private banks lift interest on deposits and savings accounts, keep savings certificates unchanged
NBE and BM decided on 12 June and 13 June to increase the interest rates on deposits, while savings account interest increased by 0.75% to 1%.
Household sector acquires 62.68% of total deposits in banks in March
Household sector adds about $2.8bn to its foreign exchange deposits, increases its savings to about EGP 15bn in local currency
Banks record EGP 8.2bn increase in deposits in November: CBE
Banks also saw a EGP 2.3bn increase in loans during the same month
Banks to discuss deposits and loans, await decisions on return on debt instruments
Banks are meeting after the CBE lifted its basic interest rate by 50 bps Thursday
Arab Bank Group’s net profits to end of September reach $615.1m
These results reflect the bank’s successful execution of its strategy, despite the challenging environment, says group’s chairman