Egypt’s Bank Deposits Hike

Updated 2/5/2025 10:10:00 AM
Egypt’s Bank Deposits Hike

Egypt’s bank deposits reached EGP 12.9 trillion by the end of the first quarter (Q1) of the fiscal year (FY) 2024/25, marking a 6.6% quarter-on-quarter (QoQ) growth, according to the Central Bank of Egypt (CBE). 

Local currency deposits accounted for 74.4% of the total, while foreign currency deposits made up 25.6%.

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