CBE Says EGP709 mln Allocation Increase for Banks Sept-End

The total allocations of the banks which operating in the banking sector registered around EGP62.5 billion at the end of September, against EGP61.79 billion at the end of August, move up by 1.4%(EGP709 million).

The Central Bank of Egypt (CBE) said in the latest reports which issued this month, the total capitals of the banks reached EGP72.3 billion at the end of the third quarter of this year.

The total assets of the bank are about EGP1.61 trillion at the end of last of September, compared to EGP1.59 trillion at the end of August.