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Egypt’s bank deposits rise to EGP 2.26tn in April – CBE

Egypt’s bank deposits rise to EGP 2.26tn in April – CBE
Local-currency deposits rose to EGP 2.26 trillion by the end of April 2018

Cairo – Mubasher: Egypt’s bank deposits jumped 32% year-on-year in April, the Central Bank of Egypt’s (CBE) data revealed.

Local-currency deposits rose to EGP 2.26 trillion by the end of April 2018, compared to EGP 1.71 trillion in the same month a year earlier, the CBE added.

Month-on-month, banks' deposits inched up from EGP 2.23 billion in March, the data showed.