CBE: Deposits At Egyptian Banks Up By EGP 3.8 Bln In April

By Administrator On Jul 9, 2012

The volume of deposits at the Egyptian banking sector was up by EGP 3.8 billion, or 0.37%, registering EGP 1.008 trillion at the end of April 2012, up from EGP 1.004 trillion at the end of March 2012.

Government deposits reached EGP 124.5 billion at the end of April, up from 124.1 billion at the end of March; of which local-currency deposits accounted for EGP 70.6 billion and foreign-currency deposits accounted for EGP 53.8 billion, according to the Central Bank of Egypt’s monthly report.

Non-government deposits rose by EGP 3.4 billion, registering EGP 884.2 billion in April, up from EGP 880.7 billion in March; of which local-currency deposits accounted for EGP 697.6 billion and foreign-currency deposits accounted for EGP 186.62 billion.