Egyptian banking sector net foreign assets decline in March

The Egyptian banking sector's net foreign assets fell to $21.32 billion in March 2026, according to the Central Bank of Egypt. This marks a drop from $27.385 billion the previous month.

The Central Bank of Egypt reported that net foreign assets stood at the equivalent of EGP 1.164 trillion at the end of March. Total foreign assets rose to EGP 4.921 trillion while liabilities increased to EGP 3.756 trillion.

Domestic liquidity expanded to EGP 15.074 trillion in March from EGP 14.027 trillion at the end of 2025. Money supply grew to EGP 4.189 trillion and currency in circulation outside banks reached EGP 1.576 trillion.

Non-government deposits in local and foreign currency also increased during the first quarter. Local currency deposits rose to EGP 9.943 trillion and foreign currency deposits reached the equivalent of EGP 3.554 trillion.

Makala yanayohusiana

Egypt’s Central Bank reported that the banking sector’s net foreign assets dropped 7.1% in February 2026 to $27.39bn from $29.51bn in January. The decline stems from commercial banks funding a partial exit of foreign investors from local debt amid the Iran war fallout. Meanwhile, local liquidity rose to EGP 14.286trn.

Imeripotiwa na AI

The Central Bank of Egypt announced that net foreign assets in the country’s banking sector increased to $22.903 billion in April 2026.

Banco de la República posted profits of $2.67 trillion for February 2026, a drop of 8.49% from the same period in 2025. Total income reached $3.10 trillion, down 9.12%. The decline stems mainly from weaker performance in international reserves.

Imeripotiwa na AI

Kenya's foreign reserves fell by Ksh11.77 billion this week to USD 13.149 billion, the Central Bank of Kenya reported on 20 June 2026. The decline occurred as the government prepares to close its 2025/2026 fiscal year accounts.

Gold prices in Egypt fell 2.7 percent in May 2026 as the Egyptian pound strengthened and global markets weakened.

Jumatano, 24. Mwezi wa sita 2026, 08:51:38

Egypt targets 78% debt-to-GDP ratio by 2027

Jumatano, 3. Mwezi wa sita 2026, 13:30:37

Egypt trade deficit widens 48.8 percent to 4.6 billion dollars in March

Jumamosi, 23. Mwezi wa tano 2026, 13:31:37

Central bank of egypt holds interest rates amid rising inflation outlook

Jumanne, 19. Mwezi wa tano 2026, 19:45:32

Al-Sisi reviews inflation and record reserves with CBE governor

Jumanne, 12. Mwezi wa tano 2026, 09:33:03

CIB reports Q1 2026 revenue of EGP 31.2 billion and profit of EGP 17.8 billion

Jumanne, 12. Mwezi wa tano 2026, 02:02:05

Investment fund net assets surge to EGP 410.6 billion in Q1 2026

Jumamosi, 2. Mwezi wa tano 2026, 04:25:08

Egypt repays $6.4bn in external debt service in Q1 2025/26

Jumanne, 14. Mwezi wa nne 2026, 21:13:17

Egypt’s current account deficit narrows to $9.5bn in H1 2025/26

Jumatano, 1. Mwezi wa nne 2026, 20:48:26

Egypt's tax revenues rise 30.8% in first eight months of FY 2025/26

Jumatano, 1. Mwezi wa nne 2026, 20:40:03

Egypt's central bank expected to hold interest rates steady

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa