Latest in Tag: deposits Highlight
Latest in Tag: deposits

Bank deposits increase to EGP 6.549trn in January 2022: CBE
Credit facilities increase by EGP 257.6bn in 7 months, reaching EGP 3.161trn

Non-government bank deposits in local currency record EGP 4.457trn in January 2022: CBE
Non-government deposits in foreign currencies reach EGP 659.901bn in January 2022

Non-governmental deposits in local currency with banks up to EGP 4.308trn in October 2021
The Central Bank of Egypt revealed that demand deposits in local currency recorded EGP 652.083bn compared to about EGP 637.4bn. Time deposits and savings certificates scored EGP 3.656trn in October 2021, compared to EGP 3.601trn in September 2021.

Household sector accounts for 82.92% of Egypt’s bank deposits in October
Total bank deposits amount to EGP 3.477trn, of which EGP 3.027tn in local currency, and equivalent of about EGP 450.151bn in foreign currencies: CBE

Local-currency bank deposits increase EGP 88.589bn in September: CBE
In a recent report, the CBE stated that demand deposits in local currency amounted to about EGP 523.515bn in September, compared to EGP 507.804bn in August, an increase of EGP 15.711bn.

Egypt’s bank deposits increase to EGP 4.788trn in July 2020: CBE
Private businesses receive 59.8% of total bank facilities, with industry at forefront of sectors gaining most benefits

CBE provides full support to CIB to preserve its financial position, deposits
A CBE statement read, “The CBE approved the decision of the CIB’s Board of Directors to appoint Sherif Sami, a board member and former chairperson of the Financial Regulatory Authority, as a non-executive Chairperson, as of date.”

Egypt banks see EGP 62bn increase in local currency deposits in May
NFA surplus with banks, CBE records about $5.3bn increase

Egypt’s bank deposits and loans up EGP 126.34bn, EGP 12bn respectively in September 2019
Bank’s credit facilities declined by EGP 31.7bn in three months to EGP 1.822tn: CBE

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