Latest in Tag: Household Highlight
Latest in Tag: Household
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
Household sector’s trend towards deposits of three-year term or more ongoing since 2018
Weighted return on new deposits declines in September 2019 to 11.5%, 16% on loans
Household sector accounts for 80.4% of total bank deposits
It accounts for 83.6% of total deposits in local currency, 68.7% in foreign currency
Household sector accounts for 78.8% of total bank deposits by end of August 2018: CBE
Deposits growth rate at 18.79%, local currency deposits at 22%, foreign currencies deposits at 9.7%
Electricity Ministry aims to save EGP 4.1bn in household consumption in FY 2018/2019
10% increase in electricity prices will reduce demand by 1.5%
European Castle Company reconsiders feasibility study of its household equipments factory after raising interest rate
Company negotiates with banks to borrow EGP 36m to finance 30% of the project
54% of Egyptian households already found housing unaffordable before the recent economic reforms: 10Tooba
Speculative buying of real estate market estimated at 25% to 30% of transactions according to CI Capital, says the report
Household appliances division demands from trade minister to solve issue of delayed factories registration
There should be no conflict between the rationalisation of resources and the interests of importers, says division head
FilKhedma negotiates to attracts investments of around EGP 15m
We are serving 6,000 clients, and we aim to reach 12,000 by the year end, Omar Ramadan states
Household sector accounts for 75% of deposits at banks in December
It is very normal that individuals’ share in deposits is higher than companies’, Yousef says
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 …