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, against EGP 521.5bn in July, while non-governmental deposits rose to reach EGP 2.595tn in August, against EGP 2.549tn in July.
