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 to reach EGP 2.747tn versus EGP 2.697tn at the end of October.
Government deposits increased by EGP 5bn to record EGP 525bn at the end of November 2017, versus EGP 520bn at the end of October 2017.
