Banking loans increase 2.3 % in March 2018: CBE

The volume of loans increased 2.3 percent in March recording 1.54 trillion Egyptian pounds, according to the Central Bank of Egypt (CBE).

The CBE added that total loans in favour of the government increased in March 2018 to 420 billion pounds, up from EGP 400 billion pounds a month earlier.

According to the CBE, private sector loans registered 1.118 trillion at the end of March compared to 1.1 trillion pounds in February.